CRISC Exam Dumps - Certified in Risk and Information Systems Control

A post-implementation RCSA is a process of verifying whether the risk treatment plan has been executed as intended and whether the residual risk is within the acceptable level. It involves testing the effectiveness of the controls that have been implemented to mitigate the risk and identifying any gaps or issues that need to be addressed. A BIA, the original risk response plan, and the training program and user awareness documentationare not sufficient to validate theeffectiveness of the risk treatment plan, as they do not measure the actual performance of the controls or the residual risk.

 Providing acknowledgments from receiver to sender is a control that helps to ensure that transaction data reaches its destination, as it confirms the successful delivery of the data and allows the sender to resend the data in case of failure. Securing the network from attacks, digitally signing individual messages, and encrypting data-in-transit are controls that help toensure the integrity and confidentiality of the data, but not the availability or delivery of the data. References = CRISC by Isaca Actual Free Exam Q & As, question 199.

The organizational role that should be accountable for ensuring information assets are appropriately classified is the information asset owner, as they have the authority and responsibility to define the classification, retention, and disposal requirements for the information assets they own, and to manage the risk and controls related to the information assets. The other options are not the correct roles, as they have different roles and responsibilities related to the protection, governance, or maintenance of the information assets, respectively, rather than the classification of the information assets. References = CRISC Review Manual, 7th Edition, page 154.

The first factor that should be considered when assessing risk associated with the adoption of emerging technologies is the organizational strategy. The organizational strategy defines the vision, mission, goals, and objectives of the enterprise, and provides the direction and guidance for its activities and decisions. The adoption of emerging technologies should be aligned with the organizational strategy, and support its achievement and performance. The organizational strategy also helps to determine the risk appetite and tolerance of the enterprise, and the criteria for evaluating the risks and benefits of the emerging technologies. Cost-benefit analysis, control self-assessment, and business requirements are also important factors to consider when assessing risk associated with the adoption of emerging technologies, but they are not the first factor to consider. References = Risk and Information Systems Control Study Manual, 7th Edition, Chapter 1, Section 1.2.1.1, page 181

1: ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide, Answer to Question 656.

Reviewing the risk register is the best way to help an organization gain insight into its overall risk profile, because it provides a comprehensive and structured representation of all the key risks that the organization faces, along with their likelihood, impact, and response strategies. A risk register is a tool that records and tracks the current status of risks, their sources, causes, consequences, and controls. A risk register helps to facilitate the communication and reporting of risks, and to support the risk-based decision making and prioritization. A risk profile is a summary of the key risks that an organization faces, and their implications forthe organization’s objectives and strategy. Reviewing the risk register is the best way to understand the risk profile, as it reflects the nature and level of exposure that the organization has from the various risk sources and scenarios. Reviewing the threat landscape, the risk appetite, and the risk metrics are all useful ways to help an organization gain insight into its overall risk profile, but they are not the best way, as they do not provide a comprehensive and structured view of the risks and theirresponses. References = Risk and Information Systems Control Study Manual, Chapter 3, Section 3.2.1, page 83

When collecting information to identify IT-related risk, a risk practitioner should first focus on IT risk appetite, which is the amount of risk that the organization is willing to accept in pursuit of its IT objectives, before action is deemed necessary to reduce the risk1. IT risk appetite reflects the organization’s IT risk attitude and its willingness to accept risk in specific scenarios, with a governance model in place for IT risk oversight. IT risk appetite helps to guide the organization’s approach to IT risk and IT risk management, and to align its IT risk decisions with its business objectives and context. The other options are not the best answers, as they are either derived from or dependent on the IT risk appetite. IT security policies are the rules and guidelines that define the organization’s IT security objectives, requirements, and responsibilities, and they are based on the IT risk appetite. IT process maps are the graphical representations of the IT processes, activities, and tasks that support the organization’s IT objectives, and they are influenced by the IT risk appetite. IT risk tolerance level is the acceptable variation between the IT risk thresholds and the IT objectives, and it is determined by the IT risk appetite. References = IT Risk Resources | ISACA; RiskAppetite vs. Risk Tolerance: What is the Difference?; IT Risk Management - an overview | ScienceDirect Topics; IT Risk Management Framework - an overview | ScienceDirect Topics

Deviation from a mitigation action plan’s completion date should be determined by the risk owner as determined by risk management processes, because the risk owner is the person or entity who has the accountability and authority to manage the risk and its associated mitigation actions. The risk owner should monitor and report the progress and status of the mitigation action plan, and determine if there is any deviation from the expected completion date, based on the risk management processes and criteria. The other options are not the ones who should determine the deviation, because:

Option A: Change management as determined by a change control board is a process that ensures that any changes to the project scope, schedule, cost, or quality are controlled and approved, but it does not determine the deviation from the mitigation action plan’s completion date, which is a risk management activity.

Option B: Benchmarking analysis with similar completed projects is a technique that compares the performance and practices of the current project with those of similar or successful projects, but it does not determine the deviation from the mitigation action plan’s completion date, which is a risk management activity.

Option C: Project governance criteria as determined by the project office is a set of rules and standards that define the roles, responsibilities, and authority of the project stakeholders, but it does notdetermine the deviation from the mitigation action plan’s completion date, which is a risk management activity. References = Risk and Information Systems Control Study Manual, 7th Edition, ISACA, 2020, p. 122.