Your cart is currently empty!
The most interesting thing about the learning platform is not the number of questions, not the price, but the accurate analysis of each year's exam questions. Our CRISC study materials through the analysis of each subject research, found that there are a lot of hidden rules worth exploring, this is very necessary, at the same time, our CRISC Study Materials have a super dream team of experts, so you can strictly control the proposition trend every year.
If you feel that you always suffer from procrastination and cannot make full use of your spare time, maybe our CRISC study materials can help you solve your problem. We are willing to recommend you to try the CRISC study materials from our company. Our CRISC training guide are high quality and efficiency test tools for all people. If you buy our CRISC Preparation questions, we can promise that you can use our CRISC study materials for study in anytime and anywhere. Because we have three version of CRISC exam questions that can satisfy all needs of our customers.
Our professional experts have carefully compiled our CRISC practice braindumps to be the best seller in the market. The information is provided in the form of our CRISC exam questions and answers, following the style of the real exam paper pattern. So if you buy our CRISC training guide, you will find that it is easy to pass the exam for it is exam-oriented. What is more, you will learn a lot of work skills according to the latest information.
ISACA CRISC (Certified in Risk and Information Systems Control) certification exam is one of the most highly respected and sought-after certifications in the field of risk management and information systems control. CRISC exam is designed to test the knowledge and skills of professionals who are responsible for managing risks related to information systems and technology in their organizations.
ISACA CRISC (Certified in Risk and Information Systems Control) exam is a certification that is recognized globally in the field of Information Technology (IT). Certified in Risk and Information Systems Control certification is designed to help professionals who have a background in IT risk management and control to develop the skills and knowledge necessary to effectively manage and mitigate IT risks within their organizations. CRISC Exam is a comprehensive assessment of the candidate's knowledge of IT risk management, control, and governance.
NEW QUESTION # 453
After undertaking a risk assessment of a production system, the MOST appropriate action is for the risk manager to:
Answer: C
Explanation:
* A risk assessment of a production system is a process of identifying, analyzing, evaluating, and treating the risks that may affect the performance, quality, or safety of the production system, which is a system that transforms inputs into outputs using various resources, processes, and technologies12.
* The most appropriate action for the risk manager to take after undertaking a risk assessment of a production system is to inform the process owner of the concerns and propose measures to reduce them, which is a process of communicating and consulting with the person who is responsible for the design, operation, and improvement of the production system, and suggesting possible risk responses that can prevent, mitigate, transfer, or accept the risks34.
* This action is the most appropriate because it ensures the involvement and collaboration of the process owner, who has the authority and accountability to implement and monitor the risk responses, and who can provide feedback and input on the feasibility and effectiveness of the proposed measures34.
* This action is also the most appropriate because it supports the risk management process and objectives, which are to identify and address the risks that may affect the achievement of the organization's goals and the delivery of value to the stakeholders34.
* The other options are not the most appropriate actions, but rather possible alternatives or supplements that may have some limitations or drawbacks. For example:
* Recommending a program that minimizes the concerns of the production system is an action that involves designing and planning a set of coordinated and interrelated activities and tasks that aim to reduce the likelihood or impact of the risks34. However, this action is not the most appropriate because it does not involve the process owner, who is the key stakeholder and decision maker for the production system, and who may have different views or preferences on the risk responses34.
* Informing the development team of the concerns, and together formulating risk reduction measures is an action that involves communicating and consulting with the group of people who are responsible for creating, testing, and deploying the products or services that are produced by the production system, and jointly developing possible risk responses34. However, this action is not the most appropriate because it does not involve the process owner, who is the primary owner and user of the production system, and who may have different needs or expectations on the risk responses34.
* Informing the IT manager of the concerns and proposing measures to reduce them is an action that involves communicating and consulting with the person who is responsible for managing and overseeing the IT resources, processes, and systems that support the production system, and suggesting possible risk responses34. However, this action is not the most appropriate because it does not involve the process owner, who is the main stakeholder and beneficiary of the production system, and who may have different requirements or constraints on the risk responses34.
References =
* 1: Risk Assessment for the Production Process1
* 2: Risk Assessment for Industrial Equipment2
* 3: Risk IT Framework, ISACA, 2009
* 4: IT Risk Management Framework, University of Toronto, 2017
NEW QUESTION # 454
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?
Answer: B
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 # 455
A risk practitioner is concerned with potential data loss in the event of a breach at a hosted third-party provider. Which of the following is the BEST way to mitigate this risk?
Answer: B
Explanation:
Conducting independent audits to verify that appropriate security controls are in place is the most effective way to mitigate the risk of data loss at a third-party provider. These audits provide assurance that the provider adheres to security best practices and complies with relevant standards and regulations. While contractual clauses and insurance can provide financial remedies post-incident, proactive verification of security controls helps prevent breaches from occurring in the first place.
Reference:ISACA CRISC Review Manual, 7th Edition, Chapter 3: Risk Response and Reporting, Section:
Third-Party Risk Management.
NEW QUESTION # 456
Which of the following should be the FIRST step when a company is made aware of new regulatory requirements impacting IT?
Answer: A
Explanation:
New regulatory requirements impacting IT are those that impose new obligations, restrictions, or standards on how an organization uses, manages, or secures its IT systems, data, or services1. Examples of such regulations include the GDPR, the CCPA, the HIPAA, or the PCI-DSS2. New regulatory requirements impacting IT can pose significant challenges and risks for an organization, such as:
* Compliance costs and efforts, such as updating policies, procedures, and systems, training staff, or hiring experts
* Noncompliance penalties and consequences, such as fines, lawsuits, sanctions, or reputational damages
* Operational disruptions or inefficiencies, such as system changes, data migrations, or service interruptions
* Competitive disadvantages or opportunities, such as losing or gaining customers, partners, or markets3 The first step that should be done when a company is made aware of new regulatory requirements impacting IT is to review the risk tolerance and appetite. Risk tolerance is the acceptable level of variation that an organization is willing to accept around its risk appetite. Risk appetite is the amount and type of risk that an organization is willing to take in order to meet its strategic objectives. By reviewing the risk tolerance and appetite, the company can:
* Establish a clear and consistent understanding of the organization's goals, values, and expectations regarding the new regulatory requirements impacting IT
* Assess the current and potential impacts of the new regulatory requirements impacting IT on the organization's performance, operations, or assets
* Determine the level of risk exposure and acceptance that the organization is comfortable with, and identify the risk thresholds or limits that should not be exceeded
* Align the risk management strategies and actions with the organization's risk tolerance and appetite, and prioritize the most critical and urgent risks to be addressed
* Communicate and report the risk tolerance and appetite to the stakeholders and regulators, and ensure transparency and accountability References = Regulating emerging technology | Deloitte Insights, Ten Key Regulatory Challenges of 2024 - kpmg.com, The Risks of Non-Compliance with Data Protection Laws, [Risk Tolerance - COSO], [Risk Appetite - COSO], [Risk Appetite and Tolerance - IRM]
NEW QUESTION # 457
A newly enacted information privacy law significantly increases financial penalties for breaches of personally
identifiable information (Pll). Which of the following will MOST likely outcome for an organization affected
by the new law?
Answer: C
Explanation:
A loss event is an occurrence that results in a negative consequence or damage for an organization, such as a
data breach, a cyberattack, or a natural disaster. The impact of a loss event is the extent or magnitude of the
harm or loss caused by the event, such as financial losses, reputational damage, operational disruptions, or
legal liabilities. A newly enacted information privacy law that significantly increases financial penalties for
breaches of personally identifiable information (PII) will most likely increase the impact of a loss event for an
organization affected by the new law, because it will increase the potential cost and severity of a data breach
involving PII. The other options are not as likely as an increase in loss event impact, because they do not
directly result from the new law, but rather depend on other factors, such as the organization's risk
management capabilities, as explained below:
A: Increase in compliance breaches is not a likely outcome, because it assumes that the organization will not
comply with the new law, which would expose it to more risks and penalties. A rational organization would
try to comply with the new law by implementing appropriate controls and measures to protect PII and prevent
data breaches.
C: Increase in residual risk is not a likely outcome, because it assumes that the organization will not adjust its
risk response strategies to account for the new law, which would leave it with more risk exposure than
desired. A prudent organization would try to reduce its residual risk by enhancing its risk mitigation controls
or transferring its risk to a third party, such as an insurance company.
D: Increase in customer complaints is not a likely outcome, because it assumes that the organization will
experience more data breaches involving PII, which would affect its customer satisfaction and loyalty. A
responsible organization would try to avoid data breaches by improving its security posture and practices, and
by communicating transparently and effectively with its customers about the new law and its
implications. References = Risk and Information Systems Control Study Manual, Chapter 2, Section 2.1.1,
page 32.
NEW QUESTION # 458
......
As a member of the people working in the CRISC industry, do you have a headache for passing some ISACA certification exams? Generally, CRISC certification exams are used to test the examinee's related CRISC professional knowledge and experience and it is not easy pass these exams. For the examinees who are the first time to participate CRISC certification exam, choosing a good pertinent training program is very necessary. Dumpcollection can offer a specific training program for many examinees participating in ISACA certification exams. Our training program includes simulation test before the formal examination, specific training course and the current exam which has 95% similarity with the real exam. Please add Dumpcollection to you shopping car quickly.
CRISC Interactive EBook: https://www.dumpcollection.com/CRISC_braindumps.html