Isaca CCAK Exam - Topic 2 Question 80 Discussion

An example of financial business impact is a distributed denial of service (DDoS) attack that renders the customer's cloud inaccessible for 24 hours, resulting in millions in lost sales. Financial business impact refers to the monetary losses or gains that an organization may experience as a result of a cloud security incident. Financial business impact can be measured by factors such as revenue, profit, cost, cash flow, market share, and stock price .

Option A is an example of financial business impact because it shows how a DDoS attack, which is a type of cyberattack that overwhelms a system or network with malicious traffic and prevents legitimate users from accessing it, can cause direct and significant financial losses for the customer's organization due to the interruption of its cloud services and the inability to generate sales. Option A also implies that the customer's organization depends on the availability of its cloud services for its core business operations.

The other options are not examples of financial business impact. Option B is an example of operational business impact, which refers to the disruption or degradation of the organization's processes, functions, or activities as a result of a cloud security incident. Operational business impact can be measured by factors such as productivity, efficiency, quality, performance, and customer satisfaction . Option B shows how a hacker using a stolen administrator identity, which is a type of identity theft or impersonation attack that exploits the credentials or privileges of a legitimate user to access or manipulate a system or network, can cause operational business impact for the customer's organization by bringing down its SaaS sales and marketing systems, which are essential for its business functions.

Option C is an example of reputational business impact, which refers to the damage or enhancement of the organization's image, brand, or reputation as a result of a cloud security incident. Reputational business impact can be measured by factors such as trust, loyalty, satisfaction, awareness, and perception of the organization's stakeholders, such as customers, partners, investors, regulators, and media . Option C shows how a breach reported in a timely manner to the CEO, which is a good practice for ensuring transparency and accountability in the event of a cloud security incident, can still cause reputational business impact for the customer's organization due to the public blame game between the CFO and CISO, which reflects poorly on the organization's leadership and culture and leads to the board replacing all three.Reference:=

Business Impact Analysis - Ready.gov

Business Impact Analysis - Cloud Security Alliance

What Is A Distributed Denial-of-Service (DDoS) Attack? | Cloudflare

What is Identity Theft? - Cloud Security Alliance

Incident Response - Cloud Security Alliance