Podcast
Questions and Answers
Which of the following should be of MOST concern to a risk practitioner reviewing an organization's risk register after the completion of a series of risk assessments? (Select all that apply)
Which of the following should be of MOST concern to a risk practitioner reviewing an organization's risk register after the completion of a series of risk assessments? (Select all that apply)
Which of the following is the BEST course of action for a risk practitioner reviewing risk assessments?
Which of the following is the BEST course of action for a risk practitioner reviewing risk assessments?
When establishing a business continuity plan (BCP), which of the following should be performed to identify possible loss events?
When establishing a business continuity plan (BCP), which of the following should be performed to identify possible loss events?
Within the three lines of defense model, the PRIMARY responsibility for ensuring risk mitigation controls are properly configured belongs with:
Within the three lines of defense model, the PRIMARY responsibility for ensuring risk mitigation controls are properly configured belongs with:
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An employee lost a personal mobile device that may contain sensitive corporate information. What should be the risk practitioner's recommendation?
An employee lost a personal mobile device that may contain sensitive corporate information. What should be the risk practitioner's recommendation?
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Which of the following is the role of the board of directors in the three lines of defense risk management model?
Which of the following is the role of the board of directors in the three lines of defense risk management model?
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An organization has decided to commit to a business activity with the knowledge that the risk exposure is higher than the risk appetite. Which of the following is the risk practitioner's MOST important action related to this decision?
An organization has decided to commit to a business activity with the knowledge that the risk exposure is higher than the risk appetite. Which of the following is the risk practitioner's MOST important action related to this decision?
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Which of the following should be the risk practitioner's FIRST course of action when an organization plans to adopt a cloud computing strategy?
Which of the following should be the risk practitioner's FIRST course of action when an organization plans to adopt a cloud computing strategy?
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Which of the following would be a risk practitioner's BEST course of action when a project team has accepted a risk outside the established risk appetite?
Which of the following would be a risk practitioner's BEST course of action when a project team has accepted a risk outside the established risk appetite?
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Using a data simulation method is BEST suited for:
Using a data simulation method is BEST suited for:
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When establishing an enterprise IT risk management program, it is MOST important to:
When establishing an enterprise IT risk management program, it is MOST important to:
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Which of the following is the MOST significant indicator of the need to perform a penetration test?
Which of the following is the MOST significant indicator of the need to perform a penetration test?
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Which of the following should be the PRIMARY goal of developing information security metrics?
Which of the following should be the PRIMARY goal of developing information security metrics?
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Which of the following is the BEST key performance indicator (KPI) to measure the maturity of an organization's security incident handling process?
Which of the following is the BEST key performance indicator (KPI) to measure the maturity of an organization's security incident handling process?
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Which of the following would be a risk practitioner's BEST recommendation upon learning of an updated cybersecurity regulation that could impact the organization?
Which of the following would be a risk practitioner's BEST recommendation upon learning of an updated cybersecurity regulation that could impact the organization?
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Which of the following is the PRIMARY responsibility of the second line of defense?
Which of the following is the PRIMARY responsibility of the second line of defense?
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Which of the following is MOST helpful in defining an early-warning threshold associated with insufficient network bandwidth?
Which of the following is MOST helpful in defining an early-warning threshold associated with insufficient network bandwidth?
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When documenting a risk response, which of the following provides the STRONGEST evidence to support the decision?
When documenting a risk response, which of the following provides the STRONGEST evidence to support the decision?
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Which of the following is MOST likely to be impacted as a result of a new policy which allows staff members to remotely connect to the organization's IT systems via personal or public computers?
Which of the following is MOST likely to be impacted as a result of a new policy which allows staff members to remotely connect to the organization's IT systems via personal or public computers?
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Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
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The acceptance of control costs that exceed risk exposure MOST likely demonstrates:
The acceptance of control costs that exceed risk exposure MOST likely demonstrates:
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Which of the following is the MOST important consideration when developing an organization's risk taxonomy?
Which of the following is the MOST important consideration when developing an organization's risk taxonomy?
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Which of the following is the PRIMARY benefit of stakeholder involvement in risk scenario development?
Which of the following is the PRIMARY benefit of stakeholder involvement in risk scenario development?
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A risk practitioner identifies a database application that has been developed and implemented by the business independently of IT. Which of the following is the BEST course of action?
A risk practitioner identifies a database application that has been developed and implemented by the business independently of IT. Which of the following is the BEST course of action?
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When establishing a business continuity plan (BCP), which of the following should be performed to identify possible loss events?
When establishing a business continuity plan (BCP), which of the following should be performed to identify possible loss events?
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Which of the following is the BEST way to help ensure risk will be managed properly after a business process has been re-engineered?
Which of the following is the BEST way to help ensure risk will be managed properly after a business process has been re-engineered?
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An organization has provided legal text explaining the rights and expected behavior of users accessing a system from geographic locations that have strong privacy regulations. Which of the following control types has been applied?
An organization has provided legal text explaining the rights and expected behavior of users accessing a system from geographic locations that have strong privacy regulations. Which of the following control types has been applied?
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When is the BEST time to identify risk associated with major projects to determine a mitigation plan?
When is the BEST time to identify risk associated with major projects to determine a mitigation plan?
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Which of the following should be the PRIMARY goal of developing information security metrics?
Which of the following should be the PRIMARY goal of developing information security metrics?
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Which of the following is the MOST appropriate action when a tolerance threshold is exceeded?
Which of the following is the MOST appropriate action when a tolerance threshold is exceeded?
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Which of the following is the GREATEST benefit of identifying appropriate risk owners?
Which of the following is the GREATEST benefit of identifying appropriate risk owners?
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An external security audit has reported multiple findings related to control noncompliance. Which of the following is MOST important for the risk practitioner to communicate to senior management?
An external security audit has reported multiple findings related to control noncompliance. Which of the following is MOST important for the risk practitioner to communicate to senior management?
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Who should be accountable for ensuring that risk responses are implemented?
Who should be accountable for ensuring that risk responses are implemented?
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Which of the following is the BEST way to protect sensitive data from administrators within a public cloud?
Which of the following is the BEST way to protect sensitive data from administrators within a public cloud?
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Which of the following has the GREATEST influence on an organization's risk appetite?
Which of the following has the GREATEST influence on an organization's risk appetite?
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How should the risk treatment response be reflected in the risk register if an IT department decides to keep the data center in-house after a risk assessment?
How should the risk treatment response be reflected in the risk register if an IT department decides to keep the data center in-house after a risk assessment?
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Which of the following should be the FIRST step when a company is made aware of new regulatory requirements impacting IT?
Which of the following should be the FIRST step when a company is made aware of new regulatory requirements impacting IT?
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Which issue found during the review of a newly created disaster recovery plan (DRP) should be of MOST concern?
Which issue found during the review of a newly created disaster recovery plan (DRP) should be of MOST concern?
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What is the ULTIMATE objective of implementing technical controls in the IT environment?
What is the ULTIMATE objective of implementing technical controls in the IT environment?
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Which task is the responsibility of the risk practitioner in a project to automate the purchasing process?
Which task is the responsibility of the risk practitioner in a project to automate the purchasing process?
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What is the BEST way to mitigate the high cost of retrieving electronic evidence associated with potential litigation?
What is the BEST way to mitigate the high cost of retrieving electronic evidence associated with potential litigation?
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What should be of MOST concern to a risk practitioner reviewing an organization's risk register after the completion of several risk assessments?
What should be of MOST concern to a risk practitioner reviewing an organization's risk register after the completion of several risk assessments?
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What is the PRIMARY benefit of conducting a risk workshop using a top-down approach instead of a bottom-up approach?
What is the PRIMARY benefit of conducting a risk workshop using a top-down approach instead of a bottom-up approach?
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Mapping open risk issues to an enterprise risk heat map BEST facilitates?
Mapping open risk issues to an enterprise risk heat map BEST facilitates?
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Which of the following is the BEST input for an organization conducting a review of emerging risk?
Which of the following is the BEST input for an organization conducting a review of emerging risk?
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What is MOST important for mitigating ethical risk when establishing accountability for control ownership?
What is MOST important for mitigating ethical risk when establishing accountability for control ownership?
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What is MOST important to determine when assessing the potential risk exposure of a loss event involving personal data?
What is MOST important to determine when assessing the potential risk exposure of a loss event involving personal data?
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What is the status of the risk associated with new entries if an organization postpones the assessment and treatment of several risk scenarios?
What is the status of the risk associated with new entries if an organization postpones the assessment and treatment of several risk scenarios?
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What is MOST likely to be impacted when a global organization is required by law to implement a new data protection regulation across its operations?
What is MOST likely to be impacted when a global organization is required by law to implement a new data protection regulation across its operations?
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Which of the following is MOST likely to deter an employee from engaging in inappropriate use of company-owned IT systems?
Which of the following is MOST likely to deter an employee from engaging in inappropriate use of company-owned IT systems?
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What is the BEST course of action when a risk practitioner notices significant variances in inherent risk for the same risk scenario across different business units?
What is the BEST course of action when a risk practitioner notices significant variances in inherent risk for the same risk scenario across different business units?
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An organization has been notified that a disgruntled, terminated IT administrator has tried to break into the corporate network. Which discovery should be of GREATEST concern?
An organization has been notified that a disgruntled, terminated IT administrator has tried to break into the corporate network. Which discovery should be of GREATEST concern?
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Which of the following BEST helps an organization gain insight into its overall risk profile?
Which of the following BEST helps an organization gain insight into its overall risk profile?
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In developing a security risk awareness training program for IT help desk staff, which topic is MOST important to include?
In developing a security risk awareness training program for IT help desk staff, which topic is MOST important to include?
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What is the GREATEST benefit of a three lines of defense structure?
What is the GREATEST benefit of a three lines of defense structure?
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What should be determined FIRST when a new security vulnerability is made public?
What should be determined FIRST when a new security vulnerability is made public?
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Which of the following provides the MOST comprehensive view of an organization's IT risk management status?
Which of the following provides the MOST comprehensive view of an organization's IT risk management status?
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What is the MOST effective way to identify an application backdoor prior to implementation?
What is the MOST effective way to identify an application backdoor prior to implementation?
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Which of the following presents the GREATEST challenge to assigning ownership of risk entries when using generic risk scenarios?
Which of the following presents the GREATEST challenge to assigning ownership of risk entries when using generic risk scenarios?
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Which of the following would be a risk practitioner's BEST course of action when a project team has accepted a risk outside the established risk appetite?
Which of the following would be a risk practitioner's BEST course of action when a project team has accepted a risk outside the established risk appetite?
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What is MOST important for the effectiveness of key performance indicators (KPIs)?
What is MOST important for the effectiveness of key performance indicators (KPIs)?
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Which of the following BEST enables senior management to compare the ratings of risk scenarios?
Which of the following BEST enables senior management to compare the ratings of risk scenarios?
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Which of the following aspects of an IT risk and control self-assessment would be MOST important to include in a report to senior management?
Which of the following aspects of an IT risk and control self-assessment would be MOST important to include in a report to senior management?
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If preventive controls cannot be implemented due to technology limitations, what should be done FIRST to reduce risk?
If preventive controls cannot be implemented due to technology limitations, what should be done FIRST to reduce risk?
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Which of the following is the MOST effective way to incorporate stakeholder concerns when developing risk scenarios?
Which of the following is the MOST effective way to incorporate stakeholder concerns when developing risk scenarios?
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What is MOST helpful in preventing risk events from materializing?
What is MOST helpful in preventing risk events from materializing?
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To define the risk management strategy, which of the following MUST be set by the board of directors?
To define the risk management strategy, which of the following MUST be set by the board of directors?
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What is the MOST significant indicator of the need to perform a penetration test?
What is the MOST significant indicator of the need to perform a penetration test?
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Who is MOST important to include in the assessment of existing IT risk scenarios?
Who is MOST important to include in the assessment of existing IT risk scenarios?
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What is the PRIMARY objective of establishing an organization's risk tolerance and appetite?
What is the PRIMARY objective of establishing an organization's risk tolerance and appetite?
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Recovery time objectives (RTOs) should be based on:
Recovery time objectives (RTOs) should be based on:
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A project team recommends accepting the residual risk associated with known regulatory control deficiencies. Which of the following is the risk practitioner's MOST important recommendation to the project manager?
A project team recommends accepting the residual risk associated with known regulatory control deficiencies. Which of the following is the risk practitioner's MOST important recommendation to the project manager?
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Which of the following is MOST important to mitigate risk associated with data privacy when implementing a new Software as a Service (SaaS) speech-to-text solution?
Which of the following is MOST important to mitigate risk associated with data privacy when implementing a new Software as a Service (SaaS) speech-to-text solution?
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What is the MAJOR reason to classify information assets?
What is the MAJOR reason to classify information assets?
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Which training topic would BEST facilitate a thorough understanding of risk scenarios?
Which training topic would BEST facilitate a thorough understanding of risk scenarios?
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An organization will be impacted by a new data privacy regulation due to the location of its production facilities. What action should the risk practitioner take when evaluating the new regulation?
An organization will be impacted by a new data privacy regulation due to the location of its production facilities. What action should the risk practitioner take when evaluating the new regulation?
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Who is responsible for ensuring the risk register is updated accordingly after an information security audit identified a risk?
Who is responsible for ensuring the risk register is updated accordingly after an information security audit identified a risk?
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What presents the MOST significant risk to an organization when updating the incident response plan?
What presents the MOST significant risk to an organization when updating the incident response plan?
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Analyzing which will BEST help validate whether suspicious network activity is malicious?
Analyzing which will BEST help validate whether suspicious network activity is malicious?
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Which of the following indicates the risk appetite and tolerance level for the risk associated with business interruption caused by IT system failures?
Which of the following indicates the risk appetite and tolerance level for the risk associated with business interruption caused by IT system failures?
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Which of the following is the PRIMARY reason to engage business unit managers in risk management processes?
Which of the following is the PRIMARY reason to engage business unit managers in risk management processes?
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What is the BEST control to mitigate risk when a critical customer-facing application has been susceptible to recent credential stuffing attacks?
What is the BEST control to mitigate risk when a critical customer-facing application has been susceptible to recent credential stuffing attacks?
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Which of the following would provide the BEST evidence of an effective internal control environment?
Which of the following would provide the BEST evidence of an effective internal control environment?
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What is MOST likely to result in agreement on accountability for risk scenarios?
What is MOST likely to result in agreement on accountability for risk scenarios?
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Who should the MOST appropriate risk owner be for newly identified risk scenarios being integrated into an organization's risk register?
Who should the MOST appropriate risk owner be for newly identified risk scenarios being integrated into an organization's risk register?
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Which of the following is the MOST effective way to validate organizational awareness of cybersecurity risk?
Which of the following is the MOST effective way to validate organizational awareness of cybersecurity risk?
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What BEST enables the identification of trends in risk levels?
What BEST enables the identification of trends in risk levels?
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Which of the following should be the PRIMARY focus of a risk owner once a decision is made to mitigate a risk?
Which of the following should be the PRIMARY focus of a risk owner once a decision is made to mitigate a risk?
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Who should be accountable for ensuring that risk responses are implemented after a risk assessment of a service provider?
Who should be accountable for ensuring that risk responses are implemented after a risk assessment of a service provider?
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What is a drawback in the use of quantitative risk analysis?
What is a drawback in the use of quantitative risk analysis?
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Which of the following would BEST help to mitigate the risk to operations for an organization with operations in a location that regularly experiences severe weather events?
Which of the following would BEST help to mitigate the risk to operations for an organization with operations in a location that regularly experiences severe weather events?
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Which key performance indicator (KPI) BEST measures the effectiveness of a manual process to terminate user access?
Which key performance indicator (KPI) BEST measures the effectiveness of a manual process to terminate user access?
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Which of the following is the MOST effective way to incorporate stakeholder concerns when developing risk scenarios?
Which of the following is the MOST effective way to incorporate stakeholder concerns when developing risk scenarios?
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During a risk assessment of a financial institution, a risk practitioner discovers that tellers can initiate and approve transactions of significant value. What is the BEST recommendation to mitigate the associated risk?
During a risk assessment of a financial institution, a risk practitioner discovers that tellers can initiate and approve transactions of significant value. What is the BEST recommendation to mitigate the associated risk?
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Why should newly identified risk scenarios involving IoT devices be reported to risk owners?
Why should newly identified risk scenarios involving IoT devices be reported to risk owners?
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Which of the following provides the BEST evidence that a selected risk treatment plan is effective?
Which of the following provides the BEST evidence that a selected risk treatment plan is effective?
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What is the BEST course of action to address risk associated with data transfer when moving application infrastructure to the cloud?
What is the BEST course of action to address risk associated with data transfer when moving application infrastructure to the cloud?
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Which of the following BEST indicates the risk appetite and tolerance level for the risk associated with business interruption caused by IT system failures?
Which of the following BEST indicates the risk appetite and tolerance level for the risk associated with business interruption caused by IT system failures?
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What is the PRIMARY reason to adopt key control indicators (KCIs) in the risk monitoring and reporting process?
What is the PRIMARY reason to adopt key control indicators (KCIs) in the risk monitoring and reporting process?
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Which of the following should an organization perform to forecast the effects of a disaster?
Which of the following should an organization perform to forecast the effects of a disaster?
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What provides the MOST reliable information to ensure a newly acquired company has appropriate IT controls in place?
What provides the MOST reliable information to ensure a newly acquired company has appropriate IT controls in place?
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An organization retains footage from its data center security camera for 30 days when the policy requires a 90-day retention. What is the risk manager's BEST response?
An organization retains footage from its data center security camera for 30 days when the policy requires a 90-day retention. What is the risk manager's BEST response?
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Which of the following would BEST help to address the risk associated with malicious outsiders modifying application data?
Which of the following would BEST help to address the risk associated with malicious outsiders modifying application data?
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What is MOST important for secure application development?
What is MOST important for secure application development?
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What is the PRIMARY benefit of using automated system configuration validation tools from a risk management perspective?
What is the PRIMARY benefit of using automated system configuration validation tools from a risk management perspective?
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Before assigning sensitivity levels to information, it is MOST important to:
Before assigning sensitivity levels to information, it is MOST important to:
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Which of the following is the MAIN purpose of monitoring risk?
Which of the following is the MAIN purpose of monitoring risk?
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Which key performance indicator (KPI) BEST measures the effectiveness of an organization's disaster recovery program?
Which key performance indicator (KPI) BEST measures the effectiveness of an organization's disaster recovery program?
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Who is PRIMARILY responsible for providing assurance to the board of directors and senior management during the evaluation of a risk management program implementation?
Who is PRIMARILY responsible for providing assurance to the board of directors and senior management during the evaluation of a risk management program implementation?
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An organization has been experiencing an increasing number of spear phishing attacks. Which of the following would be the MOST effective way to mitigate the risk associated with these attacks?
An organization has been experiencing an increasing number of spear phishing attacks. Which of the following would be the MOST effective way to mitigate the risk associated with these attacks?
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What is the PRIMARY purpose of using a framework for risk analysis?
What is the PRIMARY purpose of using a framework for risk analysis?
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The PRIMARY advantage of involving end users in continuity planning is that they:
The PRIMARY advantage of involving end users in continuity planning is that they:
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Malware has recently affected an organization. The MOST effective way to resolve this situation and define a comprehensive risk treatment plan would be to perform:
Malware has recently affected an organization. The MOST effective way to resolve this situation and define a comprehensive risk treatment plan would be to perform:
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Which would provide the MOST useful information to determine mitigating controls after a core data center went offline abruptly?
Which would provide the MOST useful information to determine mitigating controls after a core data center went offline abruptly?
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What should a risk practitioner do FIRST to support the implementation of governance around organizational assets within an enterprise risk management (ERM) program?
What should a risk practitioner do FIRST to support the implementation of governance around organizational assets within an enterprise risk management (ERM) program?
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Which of the following should be accountable for ensuring that media containing financial information are adequately destroyed per an organization's data disposal policy?
Which of the following should be accountable for ensuring that media containing financial information are adequately destroyed per an organization's data disposal policy?
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What provides the BEST evidence that a selected risk treatment plan is effective?
What provides the BEST evidence that a selected risk treatment plan is effective?
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Which of the following is MOST important information to review when developing plans for using emerging technologies?
Which of the following is MOST important information to review when developing plans for using emerging technologies?
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Which of the following is MOST important to ensure when reviewing an organization's risk register?
Which of the following is MOST important to ensure when reviewing an organization's risk register?
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An application owner has specified the acceptable downtime in the event of an incident to be much lower than the actual time required for the response team to recover the application. Which of the following should be the NEXT course of action?
An application owner has specified the acceptable downtime in the event of an incident to be much lower than the actual time required for the response team to recover the application. Which of the following should be the NEXT course of action?
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Which of the following is the BEST way to mitigate the risk associated with fraudulent use of an enterprise's brand on Internet sites?
Which of the following is the BEST way to mitigate the risk associated with fraudulent use of an enterprise's brand on Internet sites?
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What is the BEST recommendation to reduce the risk associated with potential system compromise when a vendor stops releasing security patches and updates for a business-critical legacy system?
What is the BEST recommendation to reduce the risk associated with potential system compromise when a vendor stops releasing security patches and updates for a business-critical legacy system?
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Which of the following is the ULTIMATE goal of conducting a privacy impact analysis (PIA)?
Which of the following is the ULTIMATE goal of conducting a privacy impact analysis (PIA)?
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Which of the following should be a risk practitioner's NEXT step after learning of an incident that has affected a competitor?
Which of the following should be a risk practitioner's NEXT step after learning of an incident that has affected a competitor?
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Which of the following key risk indicators (KRIs) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
Which of the following key risk indicators (KRIs) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
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Which of the following is the MOST important characteristic of a key risk indicator (KRI) to enable decision-making?
Which of the following is the MOST important characteristic of a key risk indicator (KRI) to enable decision-making?
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Which of the following is the GREATEST critical success factor (CSF) of an IT risk management program?
Which of the following is the GREATEST critical success factor (CSF) of an IT risk management program?
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Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
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Which of the following is the MOST important for an organization to have in place to ensure IT asset protection?
Which of the following is the MOST important for an organization to have in place to ensure IT asset protection?
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Which of the following is the GREATEST benefit of implementing an enterprise risk management (ERM) program?
Which of the following is the GREATEST benefit of implementing an enterprise risk management (ERM) program?
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The number of tickets to rework application code has significantly exceeded the established threshold. Which of the following would be the risk practitioner's BEST recommendation?
The number of tickets to rework application code has significantly exceeded the established threshold. Which of the following would be the risk practitioner's BEST recommendation?
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Which risk response strategy could management apply to both positive and negative risk that has been identified?
Which risk response strategy could management apply to both positive and negative risk that has been identified?
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An organization has an approved bring your own device (BYOD) policy. Which of the following would BEST mitigate the security risk associated with the inappropriate use of enterprise applications on the devices?
An organization has an approved bring your own device (BYOD) policy. Which of the following would BEST mitigate the security risk associated with the inappropriate use of enterprise applications on the devices?
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Which of the following is MOST helpful to review when identifying risk scenarios associated with the adoption of Internet of Things (IoT) technology in an organization?
Which of the following is MOST helpful to review when identifying risk scenarios associated with the adoption of Internet of Things (IoT) technology in an organization?
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Which of the following will BEST help to ensure the continued effectiveness of the IT risk management function within an organization experiencing high employee turnover?
Which of the following will BEST help to ensure the continued effectiveness of the IT risk management function within an organization experiencing high employee turnover?
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The UTMOST important measure of the effectiveness of risk management in project implementation is the percentage of projects:
The UTMOST important measure of the effectiveness of risk management in project implementation is the percentage of projects:
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Which of the following should be a risk practitioner's NEXT step after learning of an incident that has affected a competitor?
Which of the following should be a risk practitioner's NEXT step after learning of an incident that has affected a competitor?
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A global organization has implemented an application that does not address all privacy requirements across multiple jurisdictions. Which of the following risk responses has the organization adopted with regard to privacy requirements?
A global organization has implemented an application that does not address all privacy requirements across multiple jurisdictions. Which of the following risk responses has the organization adopted with regard to privacy requirements?
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The percentage of unpatched systems is a:
The percentage of unpatched systems is a:
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Which of the following would BEST mitigate the ongoing risk associated with operating system (OS) vulnerabilities?
Which of the following would BEST mitigate the ongoing risk associated with operating system (OS) vulnerabilities?
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Which of the following is MOST important when determining risk appetite?
Which of the following is MOST important when determining risk appetite?
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Which of the following is the PRIMARY reason for sharing risk assessment reports with senior stakeholders?
Which of the following is the PRIMARY reason for sharing risk assessment reports with senior stakeholders?
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A key performance indicator (KPI) shows that a process is operating inefficiently. What should be done FIRST?
A key performance indicator (KPI) shows that a process is operating inefficiently. What should be done FIRST?
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Which of the following contributes MOST to the effective implementation of risk responses?
Which of the following contributes MOST to the effective implementation of risk responses?
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Which key performance indicator (KPI) would BEST measure the risk of a service outage when using a SaaS vendor?
Which key performance indicator (KPI) would BEST measure the risk of a service outage when using a SaaS vendor?
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Which control will BEST help reduce the risk of fraudulent internal transactions?
Which control will BEST help reduce the risk of fraudulent internal transactions?
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What is the MOST important characteristic of an organization’s policies?
What is the MOST important characteristic of an organization’s policies?
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Which factor is MOST likely to be affected after an organization acquires a new business division?
Which factor is MOST likely to be affected after an organization acquires a new business division?
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What is the GREATEST benefit of using IT risk scenarios?
What is the GREATEST benefit of using IT risk scenarios?
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What should senior management be provided regarding residual risk levels for a process with numerous risk scenarios?
What should senior management be provided regarding residual risk levels for a process with numerous risk scenarios?
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What is the MOST important consideration when identifying stakeholders to review risk scenarios developed by a risk analyst?
What is the MOST important consideration when identifying stakeholders to review risk scenarios developed by a risk analyst?
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When is the BEST time to evaluate current control effectiveness when implementing an IT risk management program?
When is the BEST time to evaluate current control effectiveness when implementing an IT risk management program?
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What is the PRIMARY reason to perform periodic vendor risk assessments?
What is the PRIMARY reason to perform periodic vendor risk assessments?
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From a risk management perspective, what is the PRIMARY benefit of using automated system configuration validation tools?
From a risk management perspective, what is the PRIMARY benefit of using automated system configuration validation tools?
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What is MOST important to include when reporting risk assessment results to senior management to enable risk-based decision making?
What is MOST important to include when reporting risk assessment results to senior management to enable risk-based decision making?
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After a risk assessment of a production system, what is the MOST appropriate action for the risk manager?
After a risk assessment of a production system, what is the MOST appropriate action for the risk manager?
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Which control would be MOST impacted if a data loss prevention (DLP) system fails to detect outgoing emails containing credit card data?
Which control would be MOST impacted if a data loss prevention (DLP) system fails to detect outgoing emails containing credit card data?
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What control MOST likely failed when sensitive data was lost due to an employee's policy violation?
What control MOST likely failed when sensitive data was lost due to an employee's policy violation?
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What is the PRIMARY objective of risk management?
What is the PRIMARY objective of risk management?
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Which practice is MOST effective in protecting personally identifiable information (PII) from unauthorized access in a cloud environment?
Which practice is MOST effective in protecting personally identifiable information (PII) from unauthorized access in a cloud environment?
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What BEST balances the costs and benefits of managing IT risk?
What BEST balances the costs and benefits of managing IT risk?
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What is the BEST key performance indicator (KPI) to reflect the effectiveness of information security policy training?
What is the BEST key performance indicator (KPI) to reflect the effectiveness of information security policy training?
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What would MOST likely drive the need to review and update key performance indicators (KPIs) for critical IT assets?
What would MOST likely drive the need to review and update key performance indicators (KPIs) for critical IT assets?
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What is a MAJOR advantage of using key risk indicators (KRIs)?
What is a MAJOR advantage of using key risk indicators (KRIs)?
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What type of risk is MOST likely to materialize if subject matter experts retire early?
What type of risk is MOST likely to materialize if subject matter experts retire early?
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Which key risk indicator (KRI) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
Which key risk indicator (KRI) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
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Who is MOST appropriate to be assigned ownership of a control?
Who is MOST appropriate to be assigned ownership of a control?
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What is the MOST important consideration when selecting an external service provider for payroll outsourcing?
What is the MOST important consideration when selecting an external service provider for payroll outsourcing?
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Which measure would MOST effectively limit the impact of a ransomware attack?
Which measure would MOST effectively limit the impact of a ransomware attack?
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What provides the BEST evidence of an effective internal control environment?
What provides the BEST evidence of an effective internal control environment?
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What should be the risk practitioner's BEST recommendation if a key IT system cannot be patched?
What should be the risk practitioner's BEST recommendation if a key IT system cannot be patched?
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What is the BEST metric to demonstrate the effectiveness of an organization's software testing program?
What is the BEST metric to demonstrate the effectiveness of an organization's software testing program?
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What is MOST likely to cause a Key Risk Indicator (KRI) to exceed thresholds?
What is MOST likely to cause a Key Risk Indicator (KRI) to exceed thresholds?
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What is the BEST course of action when a new application is added to an environment with a centralized single sign-on (SSO) control?
What is the BEST course of action when a new application is added to an environment with a centralized single sign-on (SSO) control?
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Which element should be part of an organization's risk appetite?
Which element should be part of an organization's risk appetite?
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Which stakeholder is MOST important to include when defining a risk profile for a new third-party application?
Which stakeholder is MOST important to include when defining a risk profile for a new third-party application?
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What will present the GREATEST challenge for a risk practitioner during a merger of two organizations?
What will present the GREATEST challenge for a risk practitioner during a merger of two organizations?
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What BEST enables an organization to address risk associated with technical complexity?
What BEST enables an organization to address risk associated with technical complexity?
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What is the BEST key performance indicator (KPI) to measure the ongoing effectiveness of a risk awareness training program?
What is the BEST key performance indicator (KPI) to measure the ongoing effectiveness of a risk awareness training program?
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What is the BEST course of action when assessing compliance with industry regulations after a risk assessment reveals potential non-compliance?
What is the BEST course of action when assessing compliance with industry regulations after a risk assessment reveals potential non-compliance?
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What will be the GREATEST concern when assessing the risk profile of an organization?
What will be the GREATEST concern when assessing the risk profile of an organization?
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When classifying and prioritizing risk responses, what areas should be addressed FIRST?
When classifying and prioritizing risk responses, what areas should be addressed FIRST?
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What is the MOST significant indicator of the need to perform a penetration test?
What is the MOST significant indicator of the need to perform a penetration test?
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What is the risk practitioner's MOST important action before recommending a risk response for a legacy system that is no longer supported?
What is the risk practitioner's MOST important action before recommending a risk response for a legacy system that is no longer supported?
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The risk associated with an asset before controls are applied can be expressed as:
The risk associated with an asset before controls are applied can be expressed as:
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What is BEST used to aggregate data from multiple systems to identify abnormal behavior?
What is BEST used to aggregate data from multiple systems to identify abnormal behavior?
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What is MOST important when implementing an organization's security policy?
What is MOST important when implementing an organization's security policy?
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What is the MOST important consideration when developing an organization's risk taxonomy?
What is the MOST important consideration when developing an organization's risk taxonomy?
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What is the BEST metric to demonstrate that servers are configured securely?
What is the BEST metric to demonstrate that servers are configured securely?
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Which key risk indicator (KRI) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
Which key risk indicator (KRI) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
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Which issue found during the review of a disaster recovery plan (DRP) should be of MOST concern?
Which issue found during the review of a disaster recovery plan (DRP) should be of MOST concern?
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What is MOST helpful in providing a high-level overview of current IT risk severity?
What is MOST helpful in providing a high-level overview of current IT risk severity?
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What is the MOST effective control to manage a legacy application relying on unsupported software?
What is the MOST effective control to manage a legacy application relying on unsupported software?
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What is the PRIMARY purpose of using a framework for risk analysis?
What is the PRIMARY purpose of using a framework for risk analysis?
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What is MOST helpful when communicating roles associated with the IT risk management process?
What is MOST helpful when communicating roles associated with the IT risk management process?
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What is the BEST indication of an improved risk-aware culture after implementing a security awareness training program?
What is the BEST indication of an improved risk-aware culture after implementing a security awareness training program?
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If a risk scenario related to data loss is assigned to the cloud provider, who should it be reassigned to?
If a risk scenario related to data loss is assigned to the cloud provider, who should it be reassigned to?
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What would MOST likely require a risk practitioner to update the risk register?
What would MOST likely require a risk practitioner to update the risk register?
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What should be the NEXT course of action after implementing changes to close an identified vulnerability impacting a critical business process?
What should be the NEXT course of action after implementing changes to close an identified vulnerability impacting a critical business process?
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What is the MOST important consideration for a risk practitioner when making a system implementation go-live recommendation?
What is the MOST important consideration for a risk practitioner when making a system implementation go-live recommendation?
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What is the GREATEST benefit of incorporating IT risk scenarios into the corporate risk register?
What is the GREATEST benefit of incorporating IT risk scenarios into the corporate risk register?
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What is the risk associated with an asset after controls are applied expressed as?
What is the risk associated with an asset after controls are applied expressed as?
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What is of GREATEST concern regarding an organization's asset management?
What is of GREATEST concern regarding an organization's asset management?
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Which of the following would present the MOST significant risk to an organization when updating the incident response plan? (Select all that apply)
Which of the following would present the MOST significant risk to an organization when updating the incident response plan? (Select all that apply)
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Which of the following will BEST help to ensure the continued effectiveness of the IT risk management function within an organization experiencing high employee turnover?
Which of the following will BEST help to ensure the continued effectiveness of the IT risk management function within an organization experiencing high employee turnover?
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Which of the following is MOST helpful in preventing risk events from materializing?
Which of the following is MOST helpful in preventing risk events from materializing?
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Which of the following is a risk practitioner's BEST recommendation to address an organization's need to secure multiple systems with limited IT resources?
Which of the following is a risk practitioner's BEST recommendation to address an organization's need to secure multiple systems with limited IT resources?
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While reviewing the risk register, a risk practitioner notices variances in inherent risk for the same risk scenario. What is the BEST course of action?
While reviewing the risk register, a risk practitioner notices variances in inherent risk for the same risk scenario. What is the BEST course of action?
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Which of the following is MOST important for managing ethical risk?
Which of the following is MOST important for managing ethical risk?
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An organization is concerned that its employees may be unintentionally disclosing data through the use of social media sites. Which of the following will MOST effectively mitigate this risk?
An organization is concerned that its employees may be unintentionally disclosing data through the use of social media sites. Which of the following will MOST effectively mitigate this risk?
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Which of the following is MOST important for an organization to update following a change in legislation requiring notification to individuals impacted by data breaches?
Which of the following is MOST important for an organization to update following a change in legislation requiring notification to individuals impacted by data breaches?
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An organization striving to be on the leading edge in regard to risk monitoring would MOST likely implement:
An organization striving to be on the leading edge in regard to risk monitoring would MOST likely implement:
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Which strategy employed by risk management would BEST help to prevent internal fraud?
Which strategy employed by risk management would BEST help to prevent internal fraud?
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Which of the following is the PRIMARY objective of aggregating the impact of IT risk scenarios and reflecting the results in the enterprise risk register?
Which of the following is the PRIMARY objective of aggregating the impact of IT risk scenarios and reflecting the results in the enterprise risk register?
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Which of the following is MOST important for maintaining the effectiveness of an IT risk register?
Which of the following is MOST important for maintaining the effectiveness of an IT risk register?
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A risk manager has determined there is excessive risk with a particular technology. Who is the BEST person to own the unmitigated risk of the technology?
A risk manager has determined there is excessive risk with a particular technology. Who is the BEST person to own the unmitigated risk of the technology?
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A key risk indicator (KRI) flags an exception for exceeding a threshold but remains within risk appetite. Which of the following should be done NEXT?
A key risk indicator (KRI) flags an exception for exceeding a threshold but remains within risk appetite. Which of the following should be done NEXT?
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Which of the following is the BEST way to confirm whether appropriate automated controls are in place within a recently implemented system?
Which of the following is the BEST way to confirm whether appropriate automated controls are in place within a recently implemented system?
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Which of the following is the BEST recommendation of a risk practitioner for an organization that recently changed its organizational structure?
Which of the following is the BEST recommendation of a risk practitioner for an organization that recently changed its organizational structure?
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Which of the following standard operating procedure (SOP) statements BEST illustrates appropriate risk register maintenance?
Which of the following standard operating procedure (SOP) statements BEST illustrates appropriate risk register maintenance?
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Which of the following is a risk practitioner's BEST course of action upon learning that regulatory authorities have concerns with an emerging technology the organization is considering?
Which of the following is a risk practitioner's BEST course of action upon learning that regulatory authorities have concerns with an emerging technology the organization is considering?
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Which of the following attributes of data provided to an automated log analysis tool is MOST important for effective risk monitoring?
Which of the following attributes of data provided to an automated log analysis tool is MOST important for effective risk monitoring?
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Which of the following should be the PRIMARY goal of developing information security metrics?
Which of the following should be the PRIMARY goal of developing information security metrics?
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Who should have the authority to approve an exception to a control?
Who should have the authority to approve an exception to a control?
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A project team recommends accepting the residual risk associated with known regulatory control deficiencies. What is the risk practitioner's MOST important recommendation to the project manager?
A project team recommends accepting the residual risk associated with known regulatory control deficiencies. What is the risk practitioner's MOST important recommendation to the project manager?
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Who should be responsible for evaluating the residual risk after a compensating control has been applied?
Who should be responsible for evaluating the residual risk after a compensating control has been applied?
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The MOST essential content to include in an IT risk awareness program is how to:
The MOST essential content to include in an IT risk awareness program is how to:
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Making decisions about risk mitigation actions is the PRIMARY role of the:
Making decisions about risk mitigation actions is the PRIMARY role of the:
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An organization has decided to use an external auditor to review the control environment of an outsourced service provider. The BEST control criteria to evaluate the provider would be based on:
An organization has decided to use an external auditor to review the control environment of an outsourced service provider. The BEST control criteria to evaluate the provider would be based on:
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Which of the following privacy principles reduces the impact of accidental leakage of personal data?
Which of the following privacy principles reduces the impact of accidental leakage of personal data?
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The PRIMARY reason for communicating risk assessment results to data owners is to enable the:
The PRIMARY reason for communicating risk assessment results to data owners is to enable the:
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Which of the following is the BEST indication that key risk indicators (KRIs) should be revised?
Which of the following is the BEST indication that key risk indicators (KRIs) should be revised?
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Which of the following is the MOST important reason to validate that risk responses have been executed as outlined in the risk response plan?
Which of the following is the MOST important reason to validate that risk responses have been executed as outlined in the risk response plan?
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Which of the following would MOST effectively reduce risk associated with an increased volume of online transactions on a retailer website?
Which of the following would MOST effectively reduce risk associated with an increased volume of online transactions on a retailer website?
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An organization has agreed to a 99% availability for its online services and will not accept availability that falls below 98.5%. This is an example of:
An organization has agreed to a 99% availability for its online services and will not accept availability that falls below 98.5%. This is an example of:
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An organization is planning to engage a cloud-based service provider for some of its data-intensive business. Which of the following is MOST important to help define the IT risk associated with this outsourcing activity?
An organization is planning to engage a cloud-based service provider for some of its data-intensive business. Which of the following is MOST important to help define the IT risk associated with this outsourcing activity?
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Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
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Which of the following is MOST important to ensure when reviewing an organization’s risk register?
Which of the following is MOST important to ensure when reviewing an organization’s risk register?
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Which of the following is a risk practitioner's MOST important responsibility in managing risk acceptance that exceeds risk tolerance?
Which of the following is a risk practitioner's MOST important responsibility in managing risk acceptance that exceeds risk tolerance?
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A control process has been implemented in response to a new regulatory requirement, but it has significantly reduced productivity. Which of the following is the BEST way to resolve this concern?
A control process has been implemented in response to a new regulatory requirement, but it has significantly reduced productivity. Which of the following is the BEST way to resolve this concern?
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Which of the following management actions will MOST likely change the likelihood rating of a risk scenario related to remote network access?
Which of the following management actions will MOST likely change the likelihood rating of a risk scenario related to remote network access?
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A poster has been displayed in a data center that reads, 'Anyone caught taking photographs in the data center may be subject to disciplinary action.' Which of the following control types has been implemented?
A poster has been displayed in a data center that reads, 'Anyone caught taking photographs in the data center may be subject to disciplinary action.' Which of the following control types has been implemented?
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Which of the following would provide the BEST evidence of an effective internal control environment?
Which of the following would provide the BEST evidence of an effective internal control environment?
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Of the following, who is responsible for approval when a change in an application system is ready for release to production?
Of the following, who is responsible for approval when a change in an application system is ready for release to production?
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Which of the following is the BEST approach to mitigate the risk associated with a control deficiency?
Which of the following is the BEST approach to mitigate the risk associated with a control deficiency?
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Which of the following is MOST important when determining risk appetite?
Which of the following is MOST important when determining risk appetite?
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Which of the following is the MOST comprehensive resource for prioritizing the implementation of information systems controls?
Which of the following is the MOST comprehensive resource for prioritizing the implementation of information systems controls?
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Which risk response strategy could management apply to both positive and negative risk that has been identified?
Which risk response strategy could management apply to both positive and negative risk that has been identified?
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Which of the following key risk indicators (KRIs) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
Which of the following key risk indicators (KRIs) is MOST effective for monitoring risk related to a bring your own device (BYOD) program?
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An organization implements a risk avoidance approach to collecting personal information. Which of the following is the BEST way for a risk practitioner to validate the risk response?
An organization implements a risk avoidance approach to collecting personal information. Which of the following is the BEST way for a risk practitioner to validate the risk response?
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Which of the following is MOST important to the effectiveness of key performance indicators (KPIs)?
Which of the following is MOST important to the effectiveness of key performance indicators (KPIs)?
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While reviewing the risk register, what is the BEST course of action when different business units have significant variances in inherent risk for the same risk scenario?
While reviewing the risk register, what is the BEST course of action when different business units have significant variances in inherent risk for the same risk scenario?
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What is the BEST recommendation to reduce the risk associated with potential system compromise when a vendor stops releasing security patches and updates for a business-critical legacy system?
What is the BEST recommendation to reduce the risk associated with potential system compromise when a vendor stops releasing security patches and updates for a business-critical legacy system?
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Which of the following is MOST important to include when reporting the effectiveness of risk management to senior management?
Which of the following is MOST important to include when reporting the effectiveness of risk management to senior management?
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A core data center went offline abruptly for several hours, affecting many transactions across multiple locations. Which of the following would provide the MOST useful information to determine mitigating controls?
A core data center went offline abruptly for several hours, affecting many transactions across multiple locations. Which of the following would provide the MOST useful information to determine mitigating controls?
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Which of the following is the MOST significant risk in an organization’s business process requiring verbal verification of personal information?
Which of the following is the MOST significant risk in an organization’s business process requiring verbal verification of personal information?
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Which of the following is MOST important to review when determining whether a potential IT service provider’s control environment is effective?
Which of the following is MOST important to review when determining whether a potential IT service provider’s control environment is effective?
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Of the following, who is BEST suited to assist a risk practitioner in developing a relevant set of risk scenarios?
Of the following, who is BEST suited to assist a risk practitioner in developing a relevant set of risk scenarios?
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Which of the following is the BEST course of action when a recent regulatory requirement affects an organization’s outsourcing of business services?
Which of the following is the BEST course of action when a recent regulatory requirement affects an organization’s outsourcing of business services?
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Which of the following BEST enables the selection of appropriate risk treatment in the event of a disaster?
Which of the following BEST enables the selection of appropriate risk treatment in the event of a disaster?
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Which of the following would BEST mitigate the ongoing risk associated with operating system (OS) vulnerabilities?
Which of the following would BEST mitigate the ongoing risk associated with operating system (OS) vulnerabilities?
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Which of the following should be management's PRIMARY focus when key risk indicators (KRIs) begin to rapidly approach defined thresholds?
Which of the following should be management's PRIMARY focus when key risk indicators (KRIs) begin to rapidly approach defined thresholds?
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Which of the following key control indicators (KCIs) BEST indicates whether security requirements are identified and managed throughout a project lifecycle?
Which of the following key control indicators (KCIs) BEST indicates whether security requirements are identified and managed throughout a project lifecycle?
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Which of the following should be the FIRST step to investigate an IT monitoring system that has a decreasing alert rate?
Which of the following should be the FIRST step to investigate an IT monitoring system that has a decreasing alert rate?
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What should a risk practitioner validate FIRST when a mitigating control cannot be implemented fully?
What should a risk practitioner validate FIRST when a mitigating control cannot be implemented fully?
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The PRIMARY reason for an organization to include an acceptable use banner when users log in is to:
The PRIMARY reason for an organization to include an acceptable use banner when users log in is to:
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After the announcement of a new IT regulatory requirement, it is MOST important for a risk practitioner to:
After the announcement of a new IT regulatory requirement, it is MOST important for a risk practitioner to:
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Which of the following MUST be considered to assess residual risk when implementing encryption for data at rest?
Which of the following MUST be considered to assess residual risk when implementing encryption for data at rest?
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Risk acceptance of an exception to a security control would MOST likely be justified when:
Risk acceptance of an exception to a security control would MOST likely be justified when:
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A risk practitioner has established that a particular control is working as desired, but the annual cost of maintenance has increased and now exceeds the expected annual loss exposure. The result is that the control is:
A risk practitioner has established that a particular control is working as desired, but the annual cost of maintenance has increased and now exceeds the expected annual loss exposure. The result is that the control is:
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Which of the following BEST enables senior management to compare the ratings of risk scenarios?
Which of the following BEST enables senior management to compare the ratings of risk scenarios?
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Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
Which of the following is the PRIMARY responsibility of the first line of defense related to computer-enabled fraud?
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What should an organization do FIRST to reduce the risk of data exposure when enabling credit card payments?
What should an organization do FIRST to reduce the risk of data exposure when enabling credit card payments?
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Which of the following practices would be MOST effective in protecting personally identifiable information (PII) from unauthorized access in a cloud environment?
Which of the following practices would be MOST effective in protecting personally identifiable information (PII) from unauthorized access in a cloud environment?
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What is the PRIMARY reason an organization should include background checks on roles with elevated access to production as part of its hiring process?
What is the PRIMARY reason an organization should include background checks on roles with elevated access to production as part of its hiring process?
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Which of the following is the MOST effective way to promote organization-wide awareness of data security in response to increased regulatory penalties for data leakage?
Which of the following is the MOST effective way to promote organization-wide awareness of data security in response to increased regulatory penalties for data leakage?
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Due to a change in business processes, an identified risk scenario no longer requires mitigation. Which of the following is the MOST important reason the risk should remain in the risk register?
Due to a change in business processes, an identified risk scenario no longer requires mitigation. Which of the following is the MOST important reason the risk should remain in the risk register?
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What would BEST assist in making a recommendation to management regarding trends of noncompliance with an IT-related control?
What would BEST assist in making a recommendation to management regarding trends of noncompliance with an IT-related control?
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Which of the following is MOST important to communicate to senior management during the initial implementation of a risk management program?
Which of the following is MOST important to communicate to senior management during the initial implementation of a risk management program?
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What is senior management's role in the RACI model when tasked with reviewing monthly status reports provided by risk owners?
What is senior management's role in the RACI model when tasked with reviewing monthly status reports provided by risk owners?
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Which of the following would BEST facilitate the implementation of data classification requirements?
Which of the following would BEST facilitate the implementation of data classification requirements?
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Which of the following changes would be reflected in an organization's risk profile after the failure of a critical patch implementation?
Which of the following changes would be reflected in an organization's risk profile after the failure of a critical patch implementation?
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For a large software development project, when are risk assessments MOST effective?
For a large software development project, when are risk assessments MOST effective?
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What should be a risk practitioner's NEXT step after learning of an incident affecting a competitor?
What should be a risk practitioner's NEXT step after learning of an incident affecting a competitor?
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Who is the BEST person to own the unmitigated risk of a particular technology?
Who is the BEST person to own the unmitigated risk of a particular technology?
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What is the BEST way to quantify the likelihood of risk materialization?
What is the BEST way to quantify the likelihood of risk materialization?
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Which management action will MOST likely change the likelihood rating of a risk related to remote network access?
Which management action will MOST likely change the likelihood rating of a risk related to remote network access?
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Where is the FIRST place a risk practitioner should look to identify accountability for a specific risk?
Where is the FIRST place a risk practitioner should look to identify accountability for a specific risk?
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How should the risk treatment response be reflected in the risk register when an IT department decides to keep the data center in-house after a risk assessment?
How should the risk treatment response be reflected in the risk register when an IT department decides to keep the data center in-house after a risk assessment?
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What should be the PRIMARY consideration when assessing the risk of using Internet of Things (IoT) devices to collect personally identifiable information (PII)?
What should be the PRIMARY consideration when assessing the risk of using Internet of Things (IoT) devices to collect personally identifiable information (PII)?
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Which control will BEST help reduce the risk of fraudulent internal transactions in a financial institution?
Which control will BEST help reduce the risk of fraudulent internal transactions in a financial institution?
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Which should be an element of an organization's risk appetite?
Which should be an element of an organization's risk appetite?
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When formulating a social media policy to address information leakage, what is the MOST important concern to address?
When formulating a social media policy to address information leakage, what is the MOST important concern to address?
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What should be the NEXT step for a risk practitioner after a recent risk workshop has identified risk owners and responses for newly identified risk scenarios?
What should be the NEXT step for a risk practitioner after a recent risk workshop has identified risk owners and responses for newly identified risk scenarios?
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What is a PRIMARY benefit of creating an organizational code of conduct?
What is a PRIMARY benefit of creating an organizational code of conduct?
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How could a large organizationMOST effectively represent the overall risk of a new centralized virtualization project to senior management?
How could a large organizationMOST effectively represent the overall risk of a new centralized virtualization project to senior management?
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What is the PRIMARY accountability for a control owner?
What is the PRIMARY accountability for a control owner?
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What would be MOST helpful to an information security management team when allocating resources to mitigate exposures?
What would be MOST helpful to an information security management team when allocating resources to mitigate exposures?
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Which of the following is MOST important to include in a risk awareness training session for the customer service department in an insurance company?
Which of the following is MOST important to include in a risk awareness training session for the customer service department in an insurance company?
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What is the MOST important consideration when creating a separate IT risk register for a large organization?
What is the MOST important consideration when creating a separate IT risk register for a large organization?
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Which of the following sources is MOST relevant to reference when updating security awareness training materials?
Which of the following sources is MOST relevant to reference when updating security awareness training materials?
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What should an application owner do after specifying acceptable downtime much lower than required for an incident response team to recover the application?
What should an application owner do after specifying acceptable downtime much lower than required for an incident response team to recover the application?
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What should a risk practitioner's PRIMARY focus be when evaluating a proposed robotic process automation of a business service?
What should a risk practitioner's PRIMARY focus be when evaluating a proposed robotic process automation of a business service?
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What is the MOST important consideration to effectively mitigate the risk of guests gaining access to the organization’s internal network while implementing a guest wireless network?
What is the MOST important consideration to effectively mitigate the risk of guests gaining access to the organization’s internal network while implementing a guest wireless network?
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Which control MOST effectively addresses the risk associated with tailgating into a restricted area?
Which control MOST effectively addresses the risk associated with tailgating into a restricted area?
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What is the MOST important consideration for a risk practitioner when making a system implementation go-live recommendation?
What is the MOST important consideration for a risk practitioner when making a system implementation go-live recommendation?
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What is MOST important for a risk practitioner to consider when evaluating plans for changes to IT services?
What is MOST important for a risk practitioner to consider when evaluating plans for changes to IT services?
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When developing risk scenarios using a list of generic scenarios based on industry best practices, what is MOST important to do?
When developing risk scenarios using a list of generic scenarios based on industry best practices, what is MOST important to do?
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What is the MOST appropriate action when a tolerance threshold is exceeded?
What is the MOST appropriate action when a tolerance threshold is exceeded?
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What should be the PRIMARY focus of an IT risk awareness program?
What should be the PRIMARY focus of an IT risk awareness program?
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What would be the GREATEST concern when assessing the risk profile of an organization?
What would be the GREATEST concern when assessing the risk profile of an organization?
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What is the MOST significant benefit of using a consistent risk ranking methodology across an organization?
What is the MOST significant benefit of using a consistent risk ranking methodology across an organization?
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What issue found during a review of a newly created disaster recovery plan (DRP) should be of MOST concern?
What issue found during a review of a newly created disaster recovery plan (DRP) should be of MOST concern?
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In an organization with mature risk management practices, risk appetite can be inferred from which of the following?
In an organization with mature risk management practices, risk appetite can be inferred from which of the following?
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When presenting the risk profile to management highlighting successful network attacks, this information would be MOST helpful to:
When presenting the risk profile to management highlighting successful network attacks, this information would be MOST helpful to:
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What is the GREATEST risk associated with inappropriate classification of data?
What is the GREATEST risk associated with inappropriate classification of data?
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An organization has decided to postpone the assessment and treatment of several risk scenarios due to unavailability of stakeholders. What has happened to the risk associated with these new entries?
An organization has decided to postpone the assessment and treatment of several risk scenarios due to unavailability of stakeholders. What has happened to the risk associated with these new entries?
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What is the GREATEST critical success factor (CSF) of an IT risk management program?
What is the GREATEST critical success factor (CSF) of an IT risk management program?
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What is the MOST important factor when assessing the risk of allowing users to access company data from their personal devices?
What is the MOST important factor when assessing the risk of allowing users to access company data from their personal devices?
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An organization's email protection policy states that at least 95% of phishing emails should be blocked by email filters. What type of indicator has been established?
An organization's email protection policy states that at least 95% of phishing emails should be blocked by email filters. What type of indicator has been established?
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What should a risk practitioner do FIRST when a shadow IT application is identified in a business owner's business impact analysis (BIA)?
What should a risk practitioner do FIRST when a shadow IT application is identified in a business owner's business impact analysis (BIA)?
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How can a risk practitioner best engage stakeholder attention when preparing a report to communicate changes in the risk and control environment?
How can a risk practitioner best engage stakeholder attention when preparing a report to communicate changes in the risk and control environment?
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Study Notes
Key Performance Indicators (KPIs) and Risk Management
- KPIs indicate process inefficiencies that need to be addressed through process redesign or control reevaluation.
- Effective implementation of risk responses is most influenced by a clear understanding of risk.
Service Outage Measurement in SaaS Vendors
- The best KPI for measuring risk of service outages for SaaS is the frequency and duration of unplanned downtime.
Fraud Reduction in Financial Institutions
- Segregation of duties is crucial for minimizing the risk of fraudulent internal transactions.
Risk Management Policies
- Essential characteristics of risk management policies include aligning with the organization's risk appetite and capabilities.
Impact of Acquisitions on Risk
- Newly acquired business divisions primarily affect the organization's overall risk profile.
Benefits of IT Risk Scenarios
- IT risk scenarios facilitate clearer communication of risk within the organization.
Reporting Residual Risk Level
- Overall residual risk should be reported as the aggregate loss expectancy of risk scenarios.
Stakeholder Involvement in Risk Scenarios
- Key stakeholders for reviewing risk scenarios include those accountable for affected processes.
Evaluating Control Effectiveness
- The best time to assess control effectiveness is during the risk assessment phase.
Periodic Vendor Risk Assessments
- Regular vendor risk assessments help monitor control effectiveness and ensure compliance with internal standards.
Automated System Configuration
- Automated validation tools primarily reduce inherent risk in system configurations.
Reporting Risk Assessment Results
- Critical factors for senior management decision-making include potential losses versus treatment costs.
Addressing Production Concerns
- After a risk assessment, inform process owners of concerns and suggest mitigating measures.
Data Loss Prevention Controls
- Ineffective awareness training is likely a key reason why a DLP system fails to protect sensitive data.
Primary Objective of Risk Management
- Achieving business objectives is the foremost goal of effective risk management.
Protecting Personally Identifiable Information (PII)
- The most effective method for protecting PII in cloud environments is implementing logical access controls alongside encryption.
Balancing Risk Management Costs
- Prioritizing risks in line with the organization's risk appetite effectively balances costs and benefits.
Effectiveness of Training Programs
- The best KPI for training effectiveness is the percentage of staff completing training with satisfactory results.
Updating Key Performance Indicators (KPIs)
- Key Performance Indicators should be reviewed and updated based on periodic risk assessment outcomes.
Key Risk Indicators (KRIs)
- KRIs identify when risks exceed specified thresholds and are valuable for internal control assessments.
Knowledge Retention Risks
- Early retirements of subject matter experts can lead to institutional knowledge loss.
Monitoring BYOD Risks
- Effectiveness of BYOD programs can be deducted from the number of incidents originating from those devices.
Control Ownership
- Control ownership should be assigned to individuals responsible for monitoring and maintaining control effectiveness.
Outsourcing Payroll Functions
- The most important factor in selecting a payroll provider is ensuring internal controls for data privacy.
Mitigating Ransomware Attacks
- Data backups represent one of the most effective strategies to limit damage caused by ransomware.
Evidence of Effective Internal Controls
- Independent audit results are the best indicator of a strong internal control environment.
Legacy System Recommendations
- When critical systems cannot be patched, the best action is to identify additional mitigating controls.
Effectiveness of Software Testing
- The number of incidents resulting from software changes serves as a key metric for software testing effectiveness.
Key Risk Indicators Exceeding Thresholds
- Specific event occurrences are the most likely causes of KRIs surpassing their thresholds.
SSO Control Evaluation
- When adding new applications to a single sign-on (SSO) system, the control should be retested to ensure effectiveness.
Elements of Risk Appetite
- Risk appetite should encompass the amount of inherent risk deemed acceptable for the organization.
Stakeholder Engagement in Risk Profiles
- Including the business process owner is crucial when defining a risk profile for a new application.
Mergers and Organizational Risk Management
- Disparities in organizational risk appetites represent a significant challenge during mergers.
Addressing Technical Complexity Risks
- Aligning with a security architecture is essential to managing risks associated with technical complexity.
Metrics for Servers
- Monitoring the number of servers meeting baseline hardening standards effectively measures security configurations.
Disaster Recovery Plan Concerns
- The exclusion of critical applications from a disaster recovery plan raises significant concerns.
Overview of IT Risk Severity
- A heat map provides a high-level overview of the current severity of IT risks.
Managing Legacy Applications
- Increasing backup frequency is an effective control for managing critical legacy applications.
Purpose of Risk Analysis Frameworks
- Frameworks aim to enhance consistency and clarity in risk assessment processes.
Communicating IT Risk Roles
- Utilizing a RACI chart helps clarify roles within the IT risk management process.
Improved Risk-Aware Culture
- An increase in reported incidents indicates a positive shift towards a risk-aware culture.
Reassigning Risk Scenarios
- Data ownership should be assigned to the appropriate data owner rather than the cloud provider.
Updating Risk Registers
- A project's completion to implement new controls necessitates an update to the risk register.
Post Vulnerability Closure Actions
- Following vulnerability mitigation, priority should be given to updating the risk register.
Go-live Recommendations
- End-user acceptance testing results are the primary consideration when recommending a go-live decision.
Benefits of Corporate Risk Register
- Incorporating IT risk scenarios into the corporate risk register improves exposure management.
Asset Management Concerns
- The greatest concern in asset management arises from incomplete asset inventories.
Risk Appetite Nonconformance
- When risks outside the established risk appetite are accepted, the best action is to escalate the decision for review.
Comparing Risk Ratings
- Risk heat maps assist senior management in comparing different risk scenario ratings.
Key Controls Reporting
- An increase in residual risk is the most critical aspect to report to senior management following control assessments.
Incorporating Stakeholder Concerns
- The most effective method for integrating stakeholder input is through direct evaluations of risk impacts.
Defining Risk Management Strategy
- Setting the organization's risk appetite is a critical function of the board of directors.### Risk Management Recommendations
- Accepting residual risk with known regulatory control deficiencies should entail presenting deficiencies to the project steering committee for sign-off.
- Updating the project risk register is crucial for tracking remaining deficiencies and remediation actions; it keeps all stakeholders informed.
- Confirming a timeline for remediating remaining deficiencies post-project launch is essential for accountability.
- Assessing risks of remaining deficiencies and developing an action plan promotes proactive risk management.
Risk Management Strategy Essentials
- The board of directors must establish the organization's risk appetite as a foundational element of the risk management strategy.
- Risk governance is crucial but not the only directive from the board; it interacts with operational strategies and annualized loss expectancy (ALE).
Data Privacy in SaaS Solutions
- Secure encryption protocols are vital for mitigating data privacy risks in Software as a Service (SaaS) implementations.
- Multi-factor authentication and approved architecture add layers of security, but encryption should be prioritized.
Evaluating New Regulations
- Evaluating existing risk responses ensures they meet the requirements of new data privacy regulations.
- Performing update testing on data privacy controls assures continued compliance with changing legal landscapes.
Audit Findings and Risk Register Updates
- The audit manager is responsible for ensuring updates to the risk register following identified risks from automated control failures.
Stakeholder Engagement in Risk Scenarios
- Incorporating stakeholder concerns through evaluating risk impact fosters better risk scenarios and aligns with business realities.
First Line of Defense Responsibilities
- The primary role involves implementing risk treatment plans to address identified risks effectively.
Evidence of Effective Risk Treatment
- Evaluating residual risk levels provides insight into the effectiveness of selected risk treatment plans.
Indicators of Risk Appetite
- Recovery Time Objective (RTO) serves as a significant indicator of an organization's risk appetite for business interruptions due to IT failures.
Business Unit Management Engagement
- Engaging business unit managers in risk management results in better-informed decisions and greater alignment with business objectives.
Internal Control Effectiveness
- Independent audit results are essential for demonstrating the effectiveness of an internal control environment.
Cybersecurity Awareness
- Implementing mock phishing exercises alongside ongoing security training is critical for validating awareness of cybersecurity risks.
Post-Mitigating Risk Actions
- Once a risk mitigation decision is made, monitoring the effectiveness of controls becomes the focus of the risk owner.
Service Provider Risk Responses
- The relationship owner is accountable for ensuring the implementation of risk responses after assessing a service provider.
Disaster Recovery and Severe Weather Risks
- Developing a Business Continuity Plan (BCP) is crucial for organizations facing weather-related operational risks.
Three Lines of Defense Model
- The board of directors, regulators, and legal teams are integral stakeholders within the three lines of defense framework.
Risk Response Effectiveness
- Effective risk responses are indicated by timely addressing compliance breaches and properly assigning risk ownership.
Understanding IT Risk Consequences
- Conducting a Business Impact Analysis (BIA) is most helpful for understanding the ramifications of IT risk events.
Quantitative Risk Assessment Tools
- Utilizing financial models is key when performing quantitative risk assessments for more accurate results.
Disaster Forecasting
- Developing a Business Impact Analysis (BIA) is fundamental in forecasting the effects of potential disasters.
Data Retention Policy Compliance
- In assessing data retention policies, identifying regulatory implications and consequences of non-compliance is crucial.
Application Data Modification Risks
- Role-based access controls can significantly mitigate risks related to malicious data modification by unauthorized individuals.
Information Sensitivity Levels
- Defining an information classification policy is critical before assigning sensitivity levels to data.
Monitoring Risk Purpose
- The main purpose of monitoring risk is to provide decision support based on real-time data.
Spear Phishing Mitigation
- Implementing security awareness programs is the most effective way to combat risks from spear phishing attacks.
Business Continuity Planning
- Involving end users in continuity planning is advantageous as they understand specific business needs better.
Malware Response Strategies
- Performing a root cause analysis helps in defining a comprehensive strategy to address malware incidents.
Data Disposal Accountability
- Data owners are primarily responsible for ensuring compliance with data disposal policies pertaining to financial information.
Emerging Technologies Planning
- Reviewing the IT strategic plan is essential when planning for the adoption of emerging technologies.
Risk Register Importance
- Ensuring risk ownership is documented in the risk register is critical for maintaining accountability.
Incident Response for Application Downtime
- Following an incident revealing excessive downtime, the next appropriate step is to invoke the disaster recovery plan.
Mitigating Internet Brand Fraud
- Regular monitoring of internet usage and unauthorized brand exploitation is essential for protecting brand integrity online.
Legacy System Security Risks
- When a legacy vendor ceases updates, segmenting the system on its own network reduces compromise risks.
Privacy Impact Analysis Objective
- The ultimate goal of a Privacy Impact Analysis (PIA) is to identify gaps in data protection controls.
Incident Awareness Steps
- Upon learning of competing incidents, activating the incident response plan should be the next priority.
Key Risk Indicators (KRIs) for BYOD
- The number of incidents stemming from BYOD devices serves as a crucial indicator for monitoring associated risks.
Characteristics of Key Risk Indicators
- Illustrating changes in risk trends is the most significant characteristic of KRIs to support effective decision-making.
Critical Success Factor in IT Risk Management
- Alignment with business objectives is the foremost success factor for an effective IT risk management program.
Computer-Enabled Fraud Responsibilities
- The first line of defense mainly focuses on implementing processes to prevent and detect fraud.
IT Asset Protection Essentials
- Having a comprehensive plan that includes recovery processes is vital for protecting IT assets.
Benefits of Enterprise Risk Management (ERM)
- Implementing ERM cultivates a risk-aware decision-making culture across the organization.
Addressing High Rework Rates
- A root cause analysis is the most appropriate recommendation when rework rates for application code exceed thresholds.
Applicability of Risk Response Strategies
- Both positive and negative risks can be managed using the acceptance risk response strategy.
BYOD Security Mitigation
- Implementing mobile device management (MDM) controls is essential for securing enterprise applications used on personal devices.
Identifying IoT Risk Scenarios
- Analyzing the IoT threat landscape is fundamental during the identification of risk scenarios for IoT adoption.
Effectiveness of IT Risk Management
- Well-documented policies and procedures support the sustained effectiveness of IT risk management amid workforce changes.
Project Implementation Success Measure
- A high success rate in project implementation without high-risk issues reflects effective risk management practices.
Malware Response Plan
- Performing a gap analysis is beneficial for defining a comprehensive response plan following a malware incident.
Privacy Compliance Risk Acceptance
- An organization adopting privacy risk acceptance has likely acknowledged the limitations in meeting all jurisdictional privacy laws.
Unpatched Systems as Indicators
- The percentage of unpatched systems represents a key risk indicator (KRI) that signals vulnerabilities within an organization.
Mitigating OS Vulnerabilities
- Documenting and implementing a patching process is vital for addressing ongoing risks from operating system vulnerabilities.
Determining Risk Appetite
- Management consensus is crucial in establishing an organization's risk appetite, beyond mere benchmarking or regulatory considerations.
Sharing Risk Assessment Reports
- Sharing reports with senior stakeholders primarily supports decision-making for robust risk response strategies.
Accountability for Service Provider Risk Responses
- The relationship owner must ensure implementation of risk responses identified during service provider assessments.
Protecting Data in Public Cloud
- Encrypting data before transmission to the cloud is vital for mitigating risks associated with sensitive information exposure to administrators.
Influences on Risk Appetite
- Management culture and behavior significantly shape an organization’s risk appetite, alongside external and internal risk factors.
In-House Data Center Risk Treatment
- Deciding to keep data centers in-house reflects a risk avoidance strategy that should be accurately documented in the risk register.
Initial Steps for New Regulatory Requirements
- Performing a risk assessment is the first step when encountering new regulatory requirements affecting IT processes.
Disaster Recovery Plan Concerns
- The absence of critical business applications in a disaster recovery plan raises significant concerns requiring immediate attention.
Objectives of Technical Controls
- The primary objective of implementing technical controls is to minimize the likelihood of threat exposure within the IT environment.
Risk Practitioner Responsibilities in Projects
- Verifying ongoing controls management during project automation tasks is a key responsibility of the risk practitioner.
Reducing Legal Evidence Retrieval Costs
- Implementing data retention and destruction policies greatly mitigates retrieval costs associated with electronic evidence during litigation.
Concerns in Risk Register Review
- Noting that many risk action plans missed completion dates is of utmost concern when reviewing an updated risk register.
Top-Down Risk Workshop Benefits
- A top-down approach allows for a holistic view of institutional risk, integrating broader organizational perspectives into risk management.### Risk Management & Assessment
- Mapping open risk issues to an enterprise risk heat map enhances risk ownership, identification, control monitoring, and response.
- The best input for reviewing emerging risks is annual threat reports.
- For mitigating ethical risk, it’s vital to include regular risk messaging from leadership.
- Assessing potential risk exposure related to personal data necessitates understanding the composition and number of records.
- Postponing risk assessment leads to deferred risk, resulting in unaddressed vulnerabilities.
Data Protection & Security
- When a global organization must implement new data protection regulations, the risk profile is primarily impacted.
- To deter inappropriate use of IT systems, clear communication of employee activity monitoring is effective.
- Significant variances in inherent risk across business units should be addressed by reviewing assumptions to validate accuracies.
- Disabling authentication logs is the greatest concern if an IT administrator attempts unauthorized access to the network.
Risk Monitoring & Indicators
- The risk register offers comprehensive insight into an organization's overall risk profile.
- Key recommendations for security training should include incident reporting procedures and guidelines for securing systems.
- The three lines of defense structure effectively fosters an immersive risk culture and enhances accountability.
- Ensuring key performance indicators (KPIs) remain relevant is crucial for maintaining their effectiveness.
Vulnerability and Control
- Identifying security vulnerabilities should start by assessing if the technology involved is used within the organization.
- The best way to find application backdoors is through source code reviews before implementation.
- Organizations using generic risk scenarios face challenges in assigning ownership due to incomplete risk analysis.
Incident Response & Recovery
- The most significant indicator of needing a penetration test is an increase in security incidents.
- Recovery time objectives (RTOs) should focus on maximum tolerable downtime to ensure business continuity.
- Key control indicators (KCIs) are essential for monitoring adherence to risk management policies and assessing mitigation effectiveness.
Governance & Compliance
- Effective governance in risk management requires the board’s assurance through involvement from internal audit.
- An organization’s incident response plan may fail due to undefined assignment of responsibilities.
- Following changes in legislation, organizations must update their policies and standards to mitigate compliance risks.
Employee Training & Engagement
- To protect against data disclosure via social media, conducting user awareness training is the best practice.
- Most effective risk management strategies include segregation of duties to prevent internal fraud.
- Established codes of conduct are essential for managing ethical risks within the organization.
Communication & Documentation
- Documentation concerning risk management must be maintained to monitor changes and ensure continued relevance.
- After significant organizational changes, reassessing and communicating the updated risk profile is crucial.
- Continuous risk tracking mechanisms are vital for ensuring ongoing effectiveness in high-turnover environments.
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Description
This quiz assesses your understanding of the responsibilities associated with risk assessment in relation to service providers and the best practices for protecting sensitive data in a public cloud environment. Test your knowledge on key roles such as relationship owners, IT risk practitioners, and legal representation in managing IT risks.
