What approach involves using black and white lists in cybersecurity?

The correct answer focuses on the use of black and white lists as a method for managing access and permissions in cybersecurity. Black and white lists are critical tools used in malicious code protection, where the white list contains approved applications or users that are allowed to execute or access certain resources, and the black list includes those identified as harmful or unauthorized and explicitly denied access.

In the context of malicious code protection, this approach helps organizations mitigate risks by allowing only trusted software to run while blocking known malware or potentially harmful applications. Thus, maintaining an updated black list prevents previously identified threats from infiltrating the system, while a white list ensures that only safe and validated code operates in the environment.

Other choices do not primarily focus on the black and white list approach. Access Control Lists manage permissions but do so through a more complex set of rules rather than a binary acceptance or rejection method. Network Segmentation involves dividing a network into segments to enhance security but does not revolve around the concept of black and white lists. Data Encryption is about transforming information to protect its confidentiality and integrity but does not directly relate to the management of access through listing known entities.