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Certification Path
The Certified in Risk and Information Systems Control Certification includes only one CRISC Exams.
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ISACA Certified in Risk and Information Systems Control Sample Questions (Q871-Q876):
NEW QUESTION # 871
Which of the following BEST enables a proactive approach to minimizing the potential impact of
unauthorized data disclosure?
- A. Cyber insurance
- B. Incident response plan
- C. Key risk indicators (KRIs)
- D. Data backups
Answer: C
Explanation:
Key Risk Indicators (KRIs) are metrics used by organizations to provide early warning signs of potential
risks, including unauthorized data disclosure. By monitoring KRIs, organizations can proactively identify
vulnerabilities and take corrective actions before a risk materializes. This proactive approach is essential in
minimizing the potential impact of data breaches.
According to ISACA's CRISC Review Manual, KRIs are defined as "metrics capable of showing that the
enterprise is, or has a high probability of being, subject to a risk that exceeds the defined risk appetite." They
are critical to the measurement and monitoring of risk and performance optimization. ISACA
While data backups (Option B) are vital for data recovery post-incident, they do not prevent unauthorized
disclosures. An incident response plan (Option C) is reactive, focusing on responding after an incident has
occurred. Cyber insurance (Option D) provides financial compensation post-incident but does not prevent the
occurrence of data breaches.
Therefore, implementing and monitoring KRIs is the most proactive approach to minimizing the potential
impact of unauthorized data disclosure.
NEW QUESTION # 872
Which of the following would BEST ensure that identified risk scenarios are addressed?
- A. Reviewing the implementation of the risk response
- B. Performing real-time monitoring of threats
- C. Performing regular risk control self-assessments
- D. Creating a separate risk register for key business units
Answer: A
Explanation:
Section: Volume D
NEW QUESTION # 873
An organization is conducting a review of emerging risk. Which of the following is the BEST input for this exercise?
- A. Financial forecasts
- B. Industry benchmarks
- C. Annual threat reports
- D. Audit reports
Answer: C
Explanation:
The best input for conducting a review of emerging risk is the annual threat reports. Emerging risk is the risk that arises from new or evolving sources, or from existing sources that have not been previously considered or recognized. Emerging risk may have significant impact on the organization's objectives, strategies, operations, or reputation, and may require new or different risk responses. Annual threat reports are the reports that provide information and analysis on the current and future trends, developments, and challenges in the threat landscape, such as cyberattacks, natural disasters, geopolitical conflicts, or pandemics. Annual threat reports can help to identify and assess the emerging risk, as they can provide insights into the sources, drivers, indicators, and scenarios of the emerging risk, as well as the potential impact and likelihood of the emerging risk. Annual threat reports can also help to benchmark and compare the organization's risk exposure and preparedness with the industry and the peers, and to prioritize and respond to the emerging risk. Audit reports, industry benchmarks, and financial forecasts are not as useful as annual threat reports, as they do not focus on the emerging risk, and may not capture the latest or future changes in the threat landscape. References = CRISC Review Manual, 6th Edition, ISACA, 2015, page 50.
NEW QUESTION # 874
Which of the following is MOST important to the effectiveness of key performance indicators (KPIs)?
- A. Relevance
- B. Annual review
- C. Management approval
- D. Automation
Answer: A
Explanation:
Key performance indicators (KPIs) are metrics that reflect how well an organization is achieving its goals and objectives. KPIs should be specific, measurable, achievable, relevant, and time-bound. The most important characteristic of a KPI is its relevance, meaning that it should be aligned with the organization's vision, mission, strategy, and values. A relevant KPI should also be meaningful and useful for the intended audience, such as the management, the staff, or the stakeholders. A relevant KPI should provide insight into the performance and progress of the organization, as well as enable decision making and improvement actions. A KPI that is not relevant may be misleading, inaccurate, or irrelevant, and may not reflect the true state of the organization or its goals. References = Risk and Information Systems Control Study Manual, Chapter 3, Section 3.3.2, p. 116-117
NEW QUESTION # 875
During a risk assessment, a risk practitioner learns that an IT risk factor is adequately mitigated by
compensating controls in an associated business process. Which of the following would enable the MOST
effective management of the residual risk?
- A. Schedule periodic reviews of the compensating controls' effectiveness.
- B. Report the use of compensating controls to senior management.
- C. Recommend additional IT controls to further reduce residual risk.
- D. Request that ownership of the compensating controls is reassigned to IT
Answer: A
Explanation:
A compensating control is a control that is implemented to reduce the risk exposure when the primary control
is not feasible or cost-effective. A compensating control may not directly address the root cause of the risk,
but it can provide an alternative or supplementary way of mitigating the risk. A residual risk is the risk that
remains after the risk response has been implemented. A residual risk can be accepted, monitored, or further
reduced depending on the risk tolerance and appetite of the organization. During a risk assessment, a risk
practitioner is a person who is responsible for identifying and analyzing the potential sources and
consequences of risk events. When a risk practitioner learns that an IT risk factor is adequately mitigated by
compensating controls in an associated business process, the action that would enable the most effective
management of the residual risk is to schedule periodic reviews of the compensating controls' effectiveness,
which means to measure and evaluate the performance and compliance of the compensating controls on a
regular basis. By scheduling periodic reviews of the compensating controls' effectiveness, the risk practitioner
can ensure that the compensating controls are stilloperating as intended, and that they are delivering the
expected results. The risk practitioner can also identify any gaps or weaknesses in the compensating controls,
and recommend any improvements or adjustments as needed. References = CRISC Review Manual, 7th
Edition, page 177.
NEW QUESTION # 876
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