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| Section | Weight | Objectives |
|---|
| Monitoring and Reporting | 28% | - Communicate risk and control status
- 1. Board reporting
- 2. Senior management reporting
- 3. Risk dashboards and reporting
- Key risk indicator (KRI) development
- 1. Performance monitoring
- 2. KRI threshold setting
- Risk and control monitoring
- 1. Control testing and validation
- 2. Continuous monitoring
- 3. Incident management
|
| Risk Response and Mitigation | 20% | - Manage and monitor risk treatment
- 1. Risk appetite and tolerance
- 2. Risk response strategies
- 3. Third-party risk management
- Develop and implement controls
- 1. Control types and classification
- 2. Control design and optimization
|
| IT Risk Assessment | 26% | - Identify control effectiveness
- 1. Risk and control gap analysis
- 2. Root cause analysis
- Assess capability maturity
- 1. Control assessment framework
- 2. Risk management maturity models
- Risk analysis methodologies
- 1. Risk ownership and accountability
- 2. Qualitative and quantitative analysis
|
| IT Risk Identification | 26% | - Collect and process information
- 1. Business continuity and disaster recovery
- 2. Risk taxonomy and terminology
- 3. Risk aggregation and reporting
- Communicate risk analysis
- 1. Risk register management
- 2. Risk reporting and escalation
- Analyze and classify information
- 1. Threat landscape and vulnerability assessment
- 2. Risk scenarios and events
|
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ISACA Certified in Risk and Information Systems Control Sample Questions (Q837-Q842):
NEW QUESTION # 837
Senior management wants to increase investment in the organization's cybersecurity program in response to changes in the external threat landscape. Which of the following would BEST help to prioritize investment efforts?
- A. Engaging independent cybersecurity consultants
- B. Increasing the frequency of updates to the risk register
- C. Reviewing the outcome of the latest security risk assessment
- D. Analyzing cyber intelligence reports
Answer: C
Explanation:
The best tool to help prioritize investment efforts in the organization's cybersecurity program is to review the outcome of the latest security risk assessment. A security risk assessment is a process of identifying, analyzing, and evaluating the risks associated with the confidentiality, integrity, and availability of the organization's information assets and systems. By reviewing the outcome of the security risk assessment, senior management can identify the most critical and urgent risks, and allocate the resources and funds accordingly. Analyzing cyber intelligence reports, engaging independent cybersecurity consultants, and increasing the frequency of updates to the risk register are other possible tools, but they are not as effective as reviewing the outcome of the security risk assessment. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, question 12; CRISC Review Manual,
6th Edition, page 215.
NEW QUESTION # 838
A recent internal risk review reveals the majority of core IT application recovery time objectives (RTOs) have exceeded the maximum time defined by the business application owners. Which of the following is MOST likely to change as a result?
- A. Risk likelihood
- B. Risk tolerance
- C. Risk forecasting
- D. Risk appetite
Answer: B
NEW QUESTION # 839
Which of the following roles is PRIMARILY accountable for risk associated with business information protection?
- A. Data owner
- B. Application owner
- C. System owner
- D. Control owner
Answer: A
Explanation:
The data owner is responsible for ensuring that information is appropriately classified and protected. They are accountable for defining access controls and ensuring compliance with data protection policies, making them primarily accountable for risks associated with business information protection.
Reference:ISACA CRISC Review Manual, 7th Edition, Chapter 1: Governance, Section: Roles and Responsibilities.
NEW QUESTION # 840
Which of the following events is MOST likely to trigger the need to conduct a risk assessment?
- A. Introduction of a new product line
- B. An incident resulting in data loss
- C. Changes in executive management
- D. Updates to the information security policy
Answer: A
NEW QUESTION # 841
A service provider is managing a client's servers. During an audit of the service, a noncompliant control is discovered that will not be resolved before the next audit because the client cannot afford the downtime required to correct the issue. The service provider's MOST appropriate action would be to:
- A. develop a risk remediation plan overriding the client's decision
- B. insist that the remediation occur for the benefit of other customers
- C. ask the client to document the formal risk acceptance for the provider
- D. make a note for this item in the next audit explaining the situation
Answer: C
NEW QUESTION # 842
......
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