Questions and Answers
According to the COSO framework, which component involves selecting risk responses and monitoring performance?
Risk response
What is the purpose of the review and revision component in the COSO framework?
To assess the value proposition of cyber risk management capabilities and drive value as change occurs
Which component of the COSO framework is responsible for gathering information from internal and external sources to support cyber risk management?
Information and communication
What does COSO recommend regarding the integration of its ERM framework?
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What is the purpose of preventive controls in the context of cyber risk mitigation?
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Which of the following is NOT a characteristic of effective options (choices/distractors) in multiple-choice questions?
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According to the guidelines provided, which of the following should be avoided when constructing the stem (question) of a multiple-choice item?
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What is the recommended approach for representing common student misconceptions in multiple-choice questions?
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Which component of the COSO framework takes a holistic, portfolio-centric view of organizational and cyber risk?
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What is the purpose of detective controls in the context of cyber risk mitigation?
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