CRISC Exam Dumps - Certified in Risk and Information Systems Control

User acceptance testing (UAT) is a type of validation testing that ensures that the product meets the needs and expectations of the end users and the business stakeholders. UAT is usually conducted by the actual or representative users of the product, who perform various scenarios and tasks to verify that the product functions correctly and satisfies the business requirements. UAT is an important step in the software development life cycle, as it helps to identify and resolve any issues or gaps between the product and the requirements before the product is released.

If UAT is not conducted when implementing a new application, the greatest concern is that the application could fail to meet the defined business requirements, which could result in user dissatisfaction, loss of trust,reduced productivity, increased costs, and missed opportunities. The application may have technical defects, security vulnerabilities, or redundant processes, but these are not the primary purpose of UAT. UAT is focused on validating the business value and usability of the product, not the technical quality or security of the product. Therefore, the lack ofUAT could have a significant impact on the alignment of the product with the business objectives and user needs.

According to the ISACA Risk and Information Systems Control study guide and handbook, the most important reason to communicate control effectiveness to senior management is to ensure management understands the current risk status. Control effectiveness is a measure of how well a control reduces the likelihood or impact of a risk event. By communicating control effectiveness, risk managers can provide management with relevant and timely information about the residual risk level, the risk appetite and tolerance, and the potential gaps or weaknesses in the control environment. This can help management make informed decisions about risk response strategies, resource allocation, and risk oversight12

1: ISACA Risk and Information Systems Control Study Guide, 4th Edition, page 33 2: ISACA Risk and Information Systems Control Handbook, 1st Edition, page 25

Risk exposure is the product of risk likelihood and risk impact ratings. It represents the potential loss or damage that may result from a risk event. After implementing countermeasures, the risk likelihood and/or impact ratings may change, depending on the effectiveness of the countermeasures. Therefore, the risk exposure must also change to reflect the updated risk ratings. The other components of the register, such as risk owner, risk impact rating, and risk likelihood rating, may or may not change depending on the nature and scope of the countermeasures. References = Risk and Information Systems Control Study Manual, Chapter 2: IT Risk Assessment, Section 2.4: IT Risk Response, page 87.

The primary driver for an organization on a multi-year cloud implementation to publish a cloud security policy is to establish minimum cloud security requirements, as they specify the standards and expectations for the protection of the data and systems in the cloud environment, and ensure the alignment and compliance of the cloud security strategy with the organizational objectives and regulations. The other options are not the primary drivers, as they are more related to the evaluation, enforcement, or education of the cloud securitypolicy, respectively, rather than the establishment of the cloud security policy. References = CRISC Review Manual, 7th Edition, page 155.

The risk practitioner’s best recommendation after recovery steps have been completed is B. Perform a root cause analysis. A root cause analysis is a process of identifying and assessing the underlying causes of a problem or an incident. By performing a root cause analysis, the risk practitioner can help the organization to understand how and why the cyber attack happened, what vulnerabilities and gaps were exploited, and what actions and controls can be implemented to prevent or mitigate similar incidents in the future12

A root cause analysis can also help the organization to improve its incident response plan, which is a set of instructions to help IT staff detect, respond to, and recover from network security incidents3 A root cause analysis can provide valuable feedback and lessons learned from the cyber attack, and help the organization to update and test its incident response plan accordingly45

Developing new key risk indicators, recommending the purchase of cyber insurance, and reviewing the incident response plan are all possible actions that the risk practitioner can take after a cyber attack, but they are not the best recommendation. Developing new key risk indicators can help the organization to monitor and measure its risk exposure and performance, but it does not address the root causes of the cyber attack12 Recommending the purchase of cyber insurance can help the organization to hedge against the financial losses caused by cyber incidents, but it does not prevent or solve the underlying issues67 Reviewing the incident response plan can help the organization to evaluate its effectiveness and identify areas for improvement, but it does not explain how and why the cyber attack occurred345

Therefore, the best recommendation is to perform a root cause analysis, as it can help the organization to understand, resolve, and prevent the cyber attack and its consequences12

The best option to protect against a future recurrence of unauthorized access by a service provider’s administrator is D. Contractual requirements. Data encryption, intrusion prevention system, and two-factor authentication are all technical measures that can enhance the security of the data stored in the Infrastructure as a Service (IaaS) model, but they do not prevent the service provider’s administrator from accessing the data if they have the necessary credentials, keys, or permissions. Contractual requirements, on the other hand, are legal obligations that bind the service provider to respect the customer’s privacy and confidentiality, and to limit the access to the data to only authorized and necessary personnel. Contractual requirements can also specify the penalties or remedies for any breach of contract, which can deter the service provider’s administrator from violating the terms of the agreement. Therefore, contractual requirements are the most effective way to protect against a future recurrence of unauthorized access by a service provider’s administrator12

1: What is Data Encryption? | Forcepoint 2: The elements of a contract: understanding contract requirements - Juro

The primary reason to implement a formalized risk taxonomy is to reduce subjectivity in risk management, as it provides a common and consistent language and structure for identifying, classifying, and reporting risks, and facilitates the comparison and aggregation of risks across the organization. The other options are not the primary reasons, as they are more related to the outcomes, benefits, or drivers of risk management, respectively, rather than the reason for risk management. References = CRISC Review Manual, 7th Edition, page 100.