A financial services company, to comply with the PCI DSS mandate, performs a vulnerability scan on its cardholder data environment every three months. This activity is designed to regularly identify new threats and ensure ongoing compliance. Which type of risk assessment process does this scheduled quarterly scan best represent?
A 'Recurring' process refers to a routine or periodic activity that takes place at regular intervals. In the context of risk management, it pertains to the consistent reevaluation of potential risks to the organization, such as a scheduled quarterly scan. This ensures that new and evolving threats are identified and managed effectively. It contrasts with 'Ad Hoc', which is done as needed; 'One-Time', which is done once and not repeated; and 'Continuous', which implies an ongoing process without set intervals.
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What is the difference between a recurring process and a continuous process in risk management?
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How does a recurring process differ from an ad hoc process?