Open Group OGOF-101 Certification Exam Sample Questions

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Open Group Open FAIR 2 Foundation Sample Questions:

01. The Open FAIR Body of Knowledge is composed of two standards.
Which two are they?
a) The Risk Taxonomy (O-RT) Standard and the Risk Analysis (O-RA) Standard
b) The Risk Taxonomy (O-RT) Standard and the Control Catalog (O-CC) Standard
c) The Risk Analysis (O-RA) Standard and the Threat Intelligence (O-TI) Standard
d) The Risk Maturity (O-RM) Standard and the Risk Taxonomy (O-RT) Standard
 
02. Following a breach, a regulator imposes a penalty and several customers move to a competitor.
How are these losses classified?
a) The penalty is primary loss and the customer departures are secondary
b) As primary loss, since both fall directly on the organization's finances
c) As secondary loss, since both arise from how others reacted
d) Neither, because losses caused by third parties fall outside the scenario
 
03. Which software product must an organization purchase in order to apply the Open FAIR Body of Knowledge?
a) A quantitative risk platform accredited by the standards body
b) A simulation engine capable of producing triangular distributions
c) A governance suite that maintains the risk register and tracks control ownership
d) None, since the standards describe a method rather than a product
 
04. Over time, several teams in an organization quietly adjust the definitions they use for the taxonomy's factors to suit their own work.
What is the most significant consequence?
a) Results from different teams would no longer measure the same quantities, so they could not be compared
b) Each team's analysis would become slower, because definitions must be restated
c) The analyses would still compare correctly, provided each team documents its definitions
d) The financial expression of the results would be lost
 
05. How does the taxonomy define Vulnerability?
a) A weakness present in an asset that an attacker is able to exploit
b) The probability that a threat event becomes a loss event
c) The frequency with which an asset is subjected to threat events
d) The proportion of the asset's controls that have failed testing
 
06. Why is it possible to compare an Open FAIR result for a fraud scenario with one for a data-loss scenario?
a) Both analyses are scored against the same organizational risk appetite
b) Both analyses draw on the same historical incident database
c) Both analyses are reviewed by the same committee and signed off on the same basis
d) Both analyses use the same factors and report in the same financial units
 
07. Into which two top-level factors does risk decompose?
a) Loss Event Frequency and Loss Magnitude
b) Loss Event Frequency and Primary Loss
c) Threat Event Frequency and Loss Magnitude
d) Vulnerability and Loss Magnitude
 
08. After an outage, staff are unable to process orders for six hours.
Which form of loss does this represent?
a) Replacement
b) Response
c) Productivity
d) Competitive Advantage
 
09. What does it mean to say that an Open FAIR analysis is transparent?
a) The result is published to every stakeholder in the organization
b) The estimates and the assumptions behind them are visible and open to challenge
c) The analysis uses only publicly available data sources
d) The calculation is performed by an accredited tool and checked by a second analyst
 
10. An analyst records Probability of Action as 18 times per year.
What is wrong with this?
a) The period is wrong; Probability of Action is always stated per month
b) Nothing is wrong, provided the period is stated consistently elsewhere
c) It is a probability, so it cannot be expressed as a rate per year
d) The value is too high to be plausible for any threat community

Answers:

Question: 01
Answer: a		 Question: 02
Answer: c		 Question: 03
Answer: d		 Question: 04
Answer: a		 Question: 05
Answer: b
Question: 06
Answer: d		 Question: 07
Answer: a		 Question: 08
Answer: c		 Question: 09
Answer: b		 Question: 10
Answer: c

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