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Risk Response Mitigation: 23%
- Discuss with or help the risk owners on risk action development plans to incorporate key elements in development plans;
- Revise a risk register to include changes in risk and risk response management;
- Discuss with the risk owners to choose and align proposed risk responses with the business objectives to allow for informed risk decision making;
- Help the control owners to develop control mechanisms and documentation for effective and efficient control execution;
- Certify the execution of risk responses based on risk action plans.
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Many candidates find the Certified in Risk and Information Systems Control (CRISC) exam preparation difficult. They often buy expensive study courses to start their Certified in Risk and Information Systems Control (CRISC) certification exam preparation. However, spending a huge amount on such resources is difficult for many ISACA CRISC Exam applicants. The latest ISACA CRISC exam dumps are the right option for you to prepare for the Certified in Risk and Information Systems Control (CRISC) certification test at home.
The CRISC certification exam is designed to test a variety of skills and knowledge areas, including risk identification, assessment, and evaluation, risk response, risk monitoring, and reporting. CRISC exam also tests the ability of professionals to understand and apply various risk management frameworks and standards, including the ISO/IEC 27001, COBIT, and others. CRISC exam is offered in multiple languages, including English, Spanish, and Chinese.
ISACA CRISC certification is a valuable credential for professionals who work in IT risk management and information security. Certified in Risk and Information Systems Control certification is highly regarded in the IT industry and provides a competitive edge to individuals who are seeking job opportunities in this field. CRISC Exam is challenging, and individuals must have a minimum of three years of experience in IT risk management and information security to be eligible to take the exam. Certified in Risk and Information Systems Control certification is valid for three years, and individuals must complete 20 hours of continuing education each year to maintain their certification.
ISACA Certified in Risk and Information Systems Control Sample Questions (Q1297-Q1302):
NEW QUESTION # 1297
The only output of qualitative risk analysis is risk register updates. When the project manager updates the risk register he will need to include several pieces of information including all of the following except for which one?
- A. Risk probability-impact matrix
- B. Risks grouped by categories
- C. Trends in qualitative risk analysis
- D. Watchlist of low-priority risks
Answer: A
Explanation:
Section: Volume A
Explanation
Explanation:
The risk matrix is not included as part of the risk register updates. There are seven things that can be updated in the risk register as a result of qualitative risk analysis: relating ranking of project risks, risks grouped by categories, causes of risks, list of near-term risks, risks requiring additional analysis, watchlist of low-priority risks, trends in qualitative risk analysis.
Incorrect Answers:
A: Trends in qualitative risk analysis are part of the risk register updates.
C: Risks grouped by categories are part of the risk register updates.
D: Watchlist of low-priority risks is part of the risk register updates.
NEW QUESTION # 1298
Which of the following is the BEST way to mitigate the risk associated with fraudulent use of an enterprise's brand on Internet sites?
- A. Developing training and awareness campaigns
- B. Scanning the Internet to search for unauthorized usage
- C. Monitoring the enterprise's use of the Internet
- D. Utilizing data loss prevention (DLP) technology
Answer: B
Explanation:
Scanning the Internet for unauthorized usage of the enterprise's brand proactively identifies fraudulent activities and enables timely response. This aligns with Brand Protection and Risk Mitigation strategies.
NEW QUESTION # 1299
A trusted third-party service provider has determined that the risk of a client's systems being hacked is low.
Which of the following would be the client's BEST course of action?
- A. Perform an independent audit of the third party.
- B. Accept the risk based on the third party's risk assessment
- C. Implement additional controls to address the risk.
- D. Perform their own risk assessment
Answer: D
Explanation:
A risk assessment is a process that identifies, analyzes, and evaluates the risks that an organization faces in relation to its objectives, assets, and operations. A risk assessment helps to determine the likelihood and impact of potential threats, as well as the adequacy and effectiveness of existing controls. A risk assessment also provides the basis for risk treatment, which involves selecting and implementing the appropriate risk responses, such as avoiding, transferring, mitigating, or accepting the risk. The client's best course of action in this scenario is to perform their own risk assessment, rather than relying on the third-party service provider' s risk assessment. This is because the third-party service provider may have different risk criteria, assumptions, methods, or perspectives than the client, and may not fully understand or address the client's specific risk context, needs, and expectations. The third-party service provider's risk assessment may also be biased, outdated, or inaccurate, and may not reflect the current or future risk environment. By performing their own risk assessment, the client can ensure that the risk of their systems being hacked is properly identified, measured, and managed, and that the risk level is acceptable and aligned with their risk appetite and tolerance. The other options are not the best courses of action for the client, as they may expose the client to unnecessary or unacceptable risk. Implementing additional controls to address the risk may be costly, ineffective, or redundant, and may not be justified by the actual risk level. Accepting the risk based on the third-party service provider's risk assessment may be risky, as the client may not have a clear or accurate understanding of the risk exposure or consequences. Performing an independent audit of the third party may be useful, but it may not be sufficient or timely to assess and address the risk of the client's systems being hacked. References = CRISC Review Manual, pages 38-391; CRISC Review Questions, Answers & Explanations Manual, page 792
NEW QUESTION # 1300
Which of the following matrices is used to specify risk thresholds?
- A. Risk scenario matrix
- B. Probability matrix
- C. Impact matrix
- D. Risk indicator matrix
Answer: D
Explanation:
Section: Volume A
Explanation:
Risk indicators are metrics used to indicate risk thresholds, i.e., it gives indication when a risk level is approaching a high or unacceptable level of risk. The main objective of a risk indicator is to ensure tracking and reporting mechanisms that alert staff about the potential risks.
Incorrect Answers:
B, D: Estimation of risk's consequence and priority for awareness is conducted by using probability and impact matrix. These matrices specify the mixture of probability and impact that directs to rating the risks as low, moderate, or high priority.
C: A risk scenario is a description of an event that can lay an impact on business, when and if it would occur.
Some examples of risk scenario are of:
* Having a major hardware failure
* Failed disaster recovery planning (DRP)
* Major software failure
NEW QUESTION # 1301
Who is the BEST person to the employee personal data?
- A. Human resources (HR) manager
- B. Data privacy manager
- C. System administrator
- D. Compliance manager
Answer: A
Explanation:
The HR manager is the person or entity that has the authority and responsibility to collect, process, and
protect the personal data of the employees in the organization. The HR manager helps to manage the
employee personal data, because they help to establish and enforce the data policies and standards for the
employees, and to comply with the legal and regulatory requirements, such as the GDPR. The HR manager
also helps to monitor and report on the data performance and compliance for the employees, and to identify
and address any issues or gaps in the data management activities. The other options are not the best person to
manage the employee personal data, although they may be involved in the process. System administrator, data
privacy manager, and compliance manager are all examples of roles or functions that can help to support or
implement the data management activities, but they do not necessarily have the authority or responsibility to
collect, process, or protect the employee personal data
NEW QUESTION # 1302
......
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