CISM Exam Dumps - Certified Information Security Manager

Management support is the factor that has the greatest influence on the successful implementation of information security strategy goals. Management support refers to the commitment and involvement of senior executives and other key stakeholders in defining, approving, funding, and overseeing the information security strategy. Management support is essential for aligning the information security strategy with the business objectives, ensuring adequate resources and budget, fostering a security-aware culture, and enforcing accountability and compliance. According to ISACA, management support is one of the critical success factors for information security governance1. The other options are not factors that influence the successful implementation of information security strategy goals, but rather outcomes or components of the information security strategy. Regulatory requirements are external obligations that the information security strategy must comply with2. Compliance acceptance is the degree to which the organization adheres to the information security policies and standards3. Budgetary approval is the process of allocating financial resources for the information security activities and initiatives4. References: 2: Information Security: Goals, Types and Applications - Exabeam 3: How to develop a cybersecurity strategy: Step-by-step guide 4: Information Security Goals And Objectives 1: The Importance of Building an Information Security Strategic Plan

 A business impact analysis (BIA) is the process of identifying and evaluating the potential effects of disruptions to critical business functions or processes. A BIA helps to determine the recovery priorities, objectives, and strategies for the organization in the event of a disaster or crisis. A BIA also helps to identify the worst-case disruption scenarios, which are the scenarios that would cause the most severe impact to the organization in terms of financial, operational, reputational, or legal consequences. By conducting a BIA, the organization can assess the likelihood and impact of various disruption scenarios, and plan accordingly to mitigate the risks and ensure business continuity and resilience. References = CISM Review Manual 15th Edition, page 181, page 183.

During the initiation phase of the system development life cycle (SDLC) for a software project, information security activities should address security objectives, which are derived from the business objectives and the risk assessment. Security objectives define the desired level of protection for the system and its data, and guide the selection of security controls in later phases. Baseline security controls are predefined sets of security requirements that apply to common types of systems or environments. Benchmarking security metrics is a process of comparing the performance of security processes or controls against a standard or best practice. Cost-benefit analyses are used to evaluate the feasibility and effectiveness of security controls, and are usually performed in the acquisition/development phase or the implementation phase of the SDLC. References = CISM Review Manual, 16th Edition, page 1021; CISM Review Questions, Answers & Explanations Manual, 10th Edition, page 772

Learn more:

1. isaca.org2. amazon.com3. gov.uk

The primary benefit of establishing a clear definition of a security incident is that it helps to develop effective escalation and response procedures. A security incident is an event or an attempt that disrupts or threatens the normal operations, security, or privacy of an organization’s information or systems1. A clear definition of a security in-cident helps to:

•Distinguish between normal and abnormal events, and between security-relevant and non-security-relevant events

•Determine the severity and impact of an incident, and the appropriate level of response

•Assign roles and responsibilities for incident detection, reporting, analysis, containment, eradication, recovery, and post-incident activities

•Establish criteria and thresholds for escalating incidents to higher authorities or external parties

•Define the communication channels and protocols for incident notification and coordina-tion

•Document the incident response process and procedures in a formal plan

According to NIST, a clear definition of a security incident is one of the key compo-nents of an effective incident response capability2. The other options are not the prima-ry benefits of establishing a clear definition of a security incident. Communicating the incident response process to stakeholders is important, but it is not the main purpose of defining a security incident. Adequately staffing and training incident response teams is essential, but it depends on other factors besides defining a security inci-dent. Making tabletop testing more effective is a possible outcome, but not a direct benefit of defining a security incident. References: 2: NIST SP 800-61 Rev. 2 Computer Security Incident Handling Guide 1: NIST Glossary - Security Incident : What is a securi-ty incident? - TechTarget : 10 types of security incidents and how to handle them - TechTarget : 45 CFR § 164.304 - Definitions - Electronic Code of Federal Regulations

Risk profile changes are the most appropriate to communicate to senior management regarding information risk because they reflect the current level and nature of the risks that the organization faces and how they may affect its objectives and performance. Senior management needs to be aware of any changes in the risk profile so that they can make informed decisions and allocate resources accordingly. Risk profile changes also help senior management monitor the effectiveness of the risk management process and identify any gaps or weaknesses that need to be addressed.

References = Communicating Information Security Risk Simply and Effectively, Part 1, CISM Domain 2: Information Risk Management (IRM) [2022 update]