00:02
If you shifted your risk by purchasing insurance to compensate for potential losses, you've implemented a, i'm going to call it choice c, it's the third one, transference, a strategy to manage risk.
00:24
Transference involves shifting the risk to another party or entity, and purchasing insurance is a common example of risk transference.
00:33
By buying insurance, you transfer the financial burden of potential losses to the insurance company.
00:43
So yeah, purchasing insurance is a classic example of risk transference because you're transferring the financial consequences of a potential loss to the insurance provider.
00:55
Your second question, what term is used to describe a physical device that has a digital display that displays a unique log in number to authenticate an employee when they access the organization's network? that is a token.
01:14
I'm just saying b because i believe that is your second choice.
01:27
Third question, well, let me say a little bit more.
01:39
I want to just leave it at that.
01:40
So with the token, these devices are often referred to as authentication tokens or security tokens that are commonly used in two -factor authentication or multi -factor authentication systems to enhance network security.
01:57
So in addition to logging in, you may need this code sent to your phone or an email.
02:04
Third question, the type of control that prevents unauthorized individuals from gaining access to a company's facilities using physical means like walls, doors, fencing, gates, locks, badges, guards, and alarm systems is physical control.
02:21
This category of controls focuses on safeguarding physical assets and controlling access to physical spaces...