Happiest Minds Technologies Cloud Technical Lead Interview Questions and Answers

SOX Compliance is a set of regulations that public companies must follow to ensure accurate financial reporting.

• SOX stands for Sarbanes-Oxley Act

• It was enacted in 2002 after accounting scandals at Enron and WorldCom

• It requires companies to establish and maintain internal controls over financial reporting

• It also mandates regular audits and certifications of financial statements

• Non-compliance can result in fines, legal a

PCI DSS stands for Payment Card Industry Data Security Standard.

• It is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment.

• It was created by major credit card companies such as Visa, Mastercard, American Express, Discover, and JCB International.

• It includes requirements for network security, data protection, access...read more

ISO 27K is a set of standards for information security management systems.

• ISO 27K provides guidelines for managing and protecting sensitive information.

• It includes controls for risk management, access control, and incident management.

• ISO 27K certification is often required for companies handling sensitive data.

• Examples of ISO 27K standards include ISO 27001 and ISO 27002.

Risk assessment for an application involves identifying potential threats and vulnerabilities and evaluating their impact.

• Identify potential threats and vulnerabilities

• Evaluate the impact of each threat or vulnerability

• Determine the likelihood of each threat or vulnerability occurring

• Prioritize risks based on their impact and likelihood

• Develop a plan to mitigate or manage each risk