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NEW QUESTION: 1
The Orange Book states that "Hardware and software features shall be provided that can be used to periodically validate the correct operation of the on-site hardware and firmware elements of the TCB [Trusted Computing Base]." This statement is the formal requirement for:
A. Security Testing.
B. System Integrity.
C. Design Verification.
D. System Architecture Specification.
Answer: B
Explanation:
This is a requirement starting as low as C1 within the TCSEC rating.
The Orange book requires the following for System Integrity Hardware and/or software features shall be provided that can be used to periodically validate the correct operation of the on-site hardware and firmware elements of the TCB.
NOTE FROM CLEMENT:
This is a question that confuses a lot of people because most people take for granted that the orange book with its associated Bell LaPadula model has nothing to do with integrity.
However you have to be careful about the context in which the word integrity is being used.
You can have Data Integrity and you can have System Integrity which are two completely different things.
Yes, the Orange Book does not specifically address the Integrity requirements, however it has to run on top of systems that must meet some integrity requirements.
This is part of what they call operational assurance which is defined as a level of confidence of a trusted system's architecture and implementation that enforces the system's security policy. It includes:
System architecture
Covert channel analysis
System integrity
Trusted recovery
DATA INTEGRITY
Data Integrity is very different from System Integrity. When you have integrity of the data, there are three goals:
1 . Prevent authorized users from making unauthorized modifications
2 . Preven unauthorized users from making modifications
3. Maintaining internal and external consistancy of the data
Bell LaPadula which is based on the Orange Book address does not address Integrity, it addresses only Confidentiality.
Biba address only the first goal of integrity.
Clark-Wilson addresses the three goals of integrity.
In the case of this question, there is a system integrity requirement within the TCB. As mentioned above here is an extract of the requirements: Hardware and/or software features shall be provided that can be used to periodically validate the correct operation of the on-site hardware and firmware elements of the TCB.
The following answers are incorrect:
Security Testing. Is incorrect because Security Testing has no set of requirements in the
Orange book.
Design Verification. Is incorrect because the Orange book's requirements for Design
Verification include: A formal model of the security policy must be clearly identified and documented, including a mathematical proof that the model is consistent with its axioms and is sufficient to support the security policy.
System Architecture Specification. Is incorrect because there are no requirements for
System Architecture Specification in the Orange book.
The following reference(s) were used for this question:
Trusted Computer Security Evaluation Criteria (TCSEC), DoD 5200.28-STD, page 15, 18,
25, 31, 40, 50.
Harris, Shon (2012-10-25). CISSP All-in-One Exam Guide, 6th Edition, Security
Architecture and Design, Page 392-397, for users with the Kindle Version see Kindle
Locations 28504-28505.
and
DOD TCSEC - http://www.cerberussystems.com/INFOSEC/stds/d520028.htm
NEW QUESTION: 2
DRAG DROP
Note: This question is part of a series of questions that use the same scenario. For your convenience, the scenario is repeated in each question. Each question presents a different goal and answer choices, but the text of the scenario is exactly the same in each question in this series.
You have five servers that run Microsoft Windows 2012 R2. Each server hosts a Microsoft SQL Server instance. The topology for the environment is shown in the following diagram.
You have an Always On Availability group named AG1. The details for AG1 are shown in the following table.
Instance1 experiences heavy read-write traffic. The instance hosts a database named OperationsMain that is four terabytes (TB) in size. The database has multiple data files and filegroups. One of the filegroups is read_only and is half of the total database size.
Instance4 and Instance5 are not part of AG1. Instance4 is engaged in heavy read-write I/O.
Instance5 hosts a database named StagedExternal. A nightly BULK INSERT process loads data into an empty table that has a rowstore clustered index and two nonclustered rowstore indexes.
You must minimize the growth of the StagedExternal database log file during the BULK INSERT operations and perform point-in-time recovery after the BULK INSERT transaction.
Changes made must not interrupt the log backup chain.
You plan to add a new instance named Instance6 to a datacenter that is geographically distant from Site1 and Site2. You must minimize latency between the nodes in AG1.
All databases use the full recovery model. All backups are written to the network location
\\SQLBackup\. A separate process copies backups to an offsite location. You should minimize both the time required to restore the databases and the space required to store backups. The recovery point objective (RPO) for each instance is shown in the following table.
Full backups of OperationsMain take longer than six hours to complete. All SQL Server backups use the keyword COMPRESSION.
You plan to deploy the following solutions to the environment. The solutions will access a database named DB1 that is part of AG1.
* Reporting system: This solution accesses data inDB1with a login that is mapped to a database user that is a member of the db_datareader role. The user has EXECUTE permissions on the database. Queries make no changes to the data.
The queries must be load balanced over variable read-only replicas.
* Operations system: This solution accesses data inDB1with a login that is mapped to a database user that is a member of the db_datareader and db_datawriter roles.
The user has EXECUTE permissions on the database. Queries from the
operations system will perform both DDL and DML operations.
The wait statistics monitoring requirements for the instances are described in the following table.
You need to propose a new process for the StagedExternal database.
Which five actions should you recommended be performed in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation:
From scenario: Instance5 hosts a database named StagedExternal. A nightly BULK INSERT process loads data into an empty table that has a rowstore clustered index and two nonclustered rowstore indexes.
You must minimize the growth of the StagedExternaldatabase log file during the BULK INSERT operations and perform point-in-time recovery after the BULK INSERT transaction.
Changes made must not interrupt the log backup chain.
All databases use the full recovery model.
References: https://technet.microsoft.com/en-us/library/ms190421(v=sql.105).aspx
NEW QUESTION: 3
Lucy Sakata, CFA and Gary Lowenstein, CFA are portfolio managers for the Murray Funds, a provider of investment funds to institutional and wealthy individual investors. Murray frequently indexes in developed markets, but uses full blown active management in less efficient markets and when they think their analysts have a particular expertise. The vast majority of Murray's clients attempt to minimize tracking error.
One of the Murray's funds invests in a Hong Kong index and is marketed as a way for investors to participate in the growth of the Asian economies. The index represents the best known Hong Kong stocks and Murray uses a full replication strategy for the fund. The index is a market cap-weighted index and ten firms represent over 70% of the index's total market cap_Sakata would like to market the Hong Kong fund to institutions with a required minimum investment of $50 million. Many potential clients are institutions who outsource their foreign equity management and are subject to maximum holdings on individual stocks.
Murray also has a Canada fund that invests in an index which represents the 25 largest cap stocks in Canada. It is marketed as a way for investors to exploit the growth in demand for commodities. The index adjusts for stock splits and repurchases as necessary. Most of the index's return has come from capital gains, rather than dividends, due to the tremendous increase in global demand for commodities. To encourage long-term holding, Murray places a back-end load of 3% on fund redemptions that are made within two years of initial investment.
Sakata and Lowenstein discuss the fundamental law of active management and how it applies to three hypothetical managers who invest against the broad large-cap U.S. market, as represented by the S&P
500 index.
* Manager A under-weights and over-weights the 500 individual stocks of the S&P 500 index as she sees appropriate, keeping industry exposures similar to those of the index. She has an information coefficient of
0.05 and is restricted to long-only positions.
* Manager B holds cash and long S&P 500 futures. He tries to generate excess returns by altering the duration of the cash position and has an information coefficient of 0.05.
* Manager C has an information coefficient of 0.07, and she uses a long-short strategy for the 500 stocks in the S&P 500 index.
Sakata is consulting with the trustees of the Powell Foundation. The foundation has a position in the three Murray funds described in Exhibit 1 below.
Exhibit 1: Powell Foundation Holdings
Murray has a value fund that invests in stocks in the U.S. Lowenstein is considering several equity style index providers as a benchmark for the fund. The characteristics of the index providers and the methodologies they use to construct equity style indices are described in Exhibit 2 below.
Exhibit 2: Comparison of Index Providers
In regard to the index providers, Lowenstein makes the following statements:
Statement 1: "I would like to use the indices from either provider in a returns-based style analysis. Based on the information in the table, I believe that if I regress a value manager's returns against Provider B's indices, the manager's selection return will appear artificially large." Statement 2: "If an index provider uses buffering rules, a fund tracking that index will experience lower transactions costs." Of the following strategies, determine which strategy is most likely pursued by Fund 1.
A. Growth.
B. Value.
C. Market-oriented.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The manager of Fund 1 is likely following a value strategy and is likely a contrarian investor. Contrarian investors look for stocks that they believe are temporarily depressed. They frequently invest in firms selling at less than book value, as is the case with Fund 1. Note that the EPS growth in Fund 1 is also negative, which likely indicates that the fund invests in firms that are temporarily depressed in price. (Study Session
11, LOS 33.g)
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