Yes. You connect one terminal of the 1KOhm resistor to Battery+ this resistor limits the current in case of fault like a short circuit then you can connect the CAT6 wire to the other terminal of the resistor and the other side of the CAT6 wire to EXT IO4-
If the CAT6 wire gets disconnected and shorts to GND (Battery-) the max current that will flow trough it will be limited by the 1KOhm resistor to 12 or 24mA depending on battery voltage so nothing will happen to the wire.