Do You Understand Auditing For Dummies? Take This Quiz

ILM stands for Information Lifecycle Management. This term refers to the process of managing information throughout its entire lifecycle, from creation or acquisition to deletion or archiving. It involves organizing and categorizing data, determining its value, and implementing appropriate storage, retention, and disposal strategies. ILM helps organizations effectively manage their data, ensure compliance with regulations, optimize storage resources, and improve overall information governance.

An audit is a process of examination and review that aims to produce a detailed report of its findings. It involves analyzing and assessing various aspects of a particular subject, such as financial activity, to ensure accuracy, compliance, and effectiveness. The purpose of an audit is to provide an objective evaluation and identify any potential issues or areas for improvement. The correct answer accurately describes the nature and purpose of an audit, which is to conduct a thorough examination and generate a comprehensive report based on the findings.

Anomaly-based monitoring is a method of monitoring and tracking hidden activity on a computer. It involves setting a baseline over time, which represents normal behavior, and then comparing activities against this baseline. Whenever a deviation from the baseline occurs, an alarm is raised to alert the user or system administrator. This approach helps to detect and identify abnormal or suspicious behavior that may indicate a security breach or unauthorized activity.

The correct answer is "Security Access Control" because it is not one of the commonly recognized access control models. The three main access control models are Mandatory Access Control (MAC), Role-Based Access Control (RBAC), and Rule-Based Access Control (RBAC). These models define how permissions and privileges are assigned and enforced within a system or organization. "Security Access Control" is not a recognized term or model in the field of access control, making it the correct answer.

The three types of logs mentioned in the answer are Security Application Logs, Operating System Logs, and Security Hardware Logs. Security Application Logs refer to logs generated by security applications such as antivirus software or firewalls. Operating System Logs include logs generated by the operating system, providing information about system events and activities. Security Hardware Logs pertain to logs generated by security hardware devices like intrusion detection systems or surveillance cameras. These logs are essential for monitoring and analyzing security-related events and incidents in an organization's network or system.