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| Section | Weight | Objectives |
|---|
| Risk Response and Reporting | 32% | - Risk communication and reporting
- 1. Reporting formats and frequency
- 2. Stakeholder engagement and communication
- 3. Compliance and audit reporting
- Risk response strategies
- 1. Control selection and implementation
- 2. Risk avoidance, mitigation, transfer, acceptance
- 3. Cost-benefit analysis of responses
- Risk monitoring and control
- 1. Key risk indicators (KRIs) definition and use
- 2. Performance measurement and trend analysis
- 3. Incident management and response
|
| Technology and Security | 20% | - Emerging technologies and risk
- 1. Digital transformation risk management
- 2. New technology risk assessment
- Information systems security
- 1. Access control and identity management
- 2. Security architecture and design
- 3. Data protection and privacy
- Infrastructure and application security
- 1. Resilience and recovery strategies
- 2. Application development and security testing
- 3. Network, cloud and endpoint security
|
| Governance | 26% | - Control framework design and implementation
- 1. Control monitoring and evaluation
- 2. Control objectives and activities
- Organizational risk governance framework
- 1. Risk appetite and tolerance definition
- 2. Alignment with business objectives
- 3. Roles, responsibilities and accountability
- Risk management strategy and policies
- 1. Development and maintenance
- 2. Compliance with legal and regulatory requirements
- 3. Integration with enterprise risk management
|
| IT Risk Assessment | 22% | - Risk assessment methodologies and tools
- 1. Documentation and reporting
- 2. Assessment techniques and best practices
- Risk analysis and evaluation
- 1. Risk prioritization and ranking
- 2. Qualitative and quantitative assessment methods
- 3. Risk register development and maintenance
- Risk identification
- 1. Impact and likelihood analysis
- 2. Threat and vulnerability identification
- 3. Asset classification and valuation
|
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ISACA Certified in Risk and Information Systems Control Sample Questions (Q1105-Q1110):
NEW QUESTION # 1105
What are the requirements of monitoring risk?
Each correct answer represents a part of the solution. Choose three.
- A. Preparation of detailed monitoring plan
- B. Defining the project's scope
- C. Identifying the risk to be monitored
- D. Information of various stakeholders
Answer: A,B,C
Explanation:
Explanation/Reference:
Explanation:
It is important to first understand the risk to be monitored, prepare a detailed plan and define the project's scope for monitoring risk. In the case of a monitoring project, this step should involve process owners, data owners, system custodians and other process stakeholders.
Incorrect Answers:
A: Data regarding stakeholders of the project is not required in any phase of risk monitoring.
NEW QUESTION # 1106
Which of the following are the MOST important risk components that must be communicated among all the stakeholders?
Each correct answer represents a part of the solution. Choose three.
- A. Expectations from risk management
- B. Various risk response used in the project
- C. Current risk management capability
- D. Status of risk with regard to IT risk
Answer: A,C,D
Explanation:
Section: Volume C
Explanation:
The broad array of information and the major types of IT risk information that should be communicated are as follows:
* Expectations from risk management: They include risk strategy, policies, procedures, awareness training, uninterrupted reinforcement of principles, etc. This essential communication drives all subsequent efforts on risk management and sets the overall expectations from risk management.
* Current risk management capability: This allows monitoring of the status of the risk management engine in the enterprise. It is a key indicator for effective risk management and has predictive value for how well the enterprise is managing risk and reducing exposure.
* Status with regard to IT risk: This describes the actual status with regard to IT risk including information of risk profile of the enterprise, Key risk indicators (KRIs) to support management reporting on risk, event-loss data, root cause of loss events and options to mitigate risk.
Incorrect Answers:
A: Risk response is only communicated to some of the stakeholders not all, as it is irrelevant for them. It is not communicated to the stakeholders of the project like project sponsors, etc.
NEW QUESTION # 1107
What is the greatest risk regarding data security in a corporate environment?
- A. Internally created documents are not automatically classified.
- B. Data transmission within the corporate network is not encrypted.
- C. Data transmission across public networks is not encrypted.
- D. Internal email communications are not encrypted.
Answer: C
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Data transmission across public networks is the greatest risk because public networks are inherently insecure and vulnerable to interception. Encryption is critical to protecting data confidentiality during transmission over such networks. Lack of encryption internally is less risky due to controlled environments. Classification helps but does not protect data in transit. Email encryption is important but less critical compared to public network transmission risks.
NEW QUESTION # 1108
Which of the following is MOST useful when communicating risk to management?
- A. Risk policy
- B. Maturity model
- C. Audit report
- D. Risk map
Answer: D
Explanation:
Section: Volume D
NEW QUESTION # 1109
Which of the following is the PRIMARY reason for managing emerging risk?
- A. The organization is likely to become prone to continuous disruptive events.
- B. Assumptions about the future state are likely to become invalid.
- C. Risk assessment methodologies cannot be applied to emerging risk.
- D. The number of risk scenarios may become uncontrollably high.
Answer: B
NEW QUESTION # 1110
......
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