mediummultiple choiceObjective-mapped

A security manager is leading a risk assessment for the organization. The team identifies a legacy application that contains a known critical vulnerability. The vendor has discontinued support and no patch is available. The manager calculates that the annualized loss expectancy (ALE) for exploiting this vulnerability is $50,000. Implementing a third-party web application firewall (WAF) as a compensating control would cost $80,000 per year. The organization's leadership decides that accepting the risk is the most cost-effective approach. Which of the following documents should the security manager update to formally record this risk acceptance decision and obtain the necessary sign-off?

Question 1mediummultiple choice
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A security manager is leading a risk assessment for the organization. The team identifies a legacy application that contains a known critical vulnerability. The vendor has discontinued support and no patch is available. The manager calculates that the annualized loss expectancy (ALE) for exploiting this vulnerability is $50,000. Implementing a third-party web application firewall (WAF) as a compensating control would cost $80,000 per year. The organization's leadership decides that accepting the risk is the most cost-effective approach. Which of the following documents should the security manager update to formally record this risk acceptance decision and obtain the necessary sign-off?

Answer choices

Why each option matters

Good practice is not just finding the correct option. The wrong answers often show the exact trap the exam wants you to fall into.

A

Distractor review

Business impact analysis (BIA)

Incorrect. A BIA identifies critical business processes and their dependencies, as well as recovery time objectives. It does not serve as a record of risk acceptance decisions.

B

Best answer

Risk register

Correct. The risk register is used to track identified risks, their characteristics, and the chosen treatment. Updating it with the acceptance decision, rationale, and approval is essential for risk governance.

C

Distractor review

Security baseline configuration document

Incorrect. A security baseline defines the minimum security configuration settings for systems. It does not document risk decisions or approvals.

D

Distractor review

Incident response plan

Incorrect. The incident response plan provides step-by-step procedures for handling security incidents. It is not the appropriate place to record risk acceptance decisions.

Common exam trap

Common exam trap: NAT rules depend on direction and matching traffic

NAT is not only about the public address. The inside/outside interface roles and the ACL or rule that matches traffic are just as important.

Technical deep dive

How to think about this question

NAT questions usually test address translation, overload/PAT behaviour, static mappings and whether the right traffic is being translated. Read the interface direction and address terms carefully.

KKey Concepts to Remember

  • Static NAT maps one inside address to one outside address.
  • PAT allows many inside hosts to share one public address using ports.
  • Inside local and inside global describe the private and translated addresses.
  • NAT ACLs identify traffic for translation, not always security filtering.

TExam Day Tips

  • Identify inside and outside interfaces first.
  • Check whether the scenario needs static NAT, dynamic NAT or PAT.
  • Do not confuse NAT matching ACLs with normal packet-filtering intent.

Related practice questions

Related SY0-701 practice-question pages

Use these pages to review the topic behind this question. This is how one missed question becomes focused revision.

More questions from this exam

Keep practising from the same exam bank, or move into a focused topic page if this question exposed a weak area.

FAQ

Questions learners often ask

What does this SY0-701 question test?

Static NAT maps one inside address to one outside address.

What is the correct answer to this question?

The correct answer is: Risk register — The risk register is the authoritative document for recording identified risks, their assessed impact and likelihood, and the chosen risk treatment strategy (avoid, mitigate, transfer, or accept). When leadership decides to accept a risk, the security manager must update the risk register to document the decision, the rationale (e.g., cost of control exceeds potential loss), and the approval from management. This ensures proper governance and auditability. The other documents serve different purposes: the business impact analysis (BIA) identifies critical business functions and recovery priorities; the security baseline document defines secure configuration standards; and the incident response plan outlines procedures for responding to security incidents. None of these are designed to formally record risk acceptance decisions.

What should I do if I get this SY0-701 question wrong?

Then try more questions from the same exam bank and focus on understanding why the wrong options are tempting.

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