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CRISC Practice Exam Questions and Answers

Certified in Risk and Information Systems Control

Last Update 14 hours ago
Total Questions : 1745

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Question # 1

A newly hired risk practitioner finds that the risk register has not been updated in the past year. What is the risk practitioner's BEST course of action?

Options:

A.  

Identify changes in risk factors and initiate risk reviews.

B.  

Engage an external consultant to redesign the risk management process.

C.  

Outsource the process for updating the risk register.

D.  

Implement a process improvement and replace the old risk register.

Discussion 0
Question # 2

A systems interruption has been traced to a personal USB device plugged into the corporate network by an IT employee who bypassed internal control procedures. Of the following, who should be accountable?

Options:

A.  

Business continuity manager (BCM)

B.  

Human resources manager (HRM)

C.  

Chief risk officer (CRO)

D.  

Chief information officer (CIO)

Discussion 0
Question # 3

A new international data privacy regulation requires personal data to be

disposed after the specified retention period, which is different from the local

regulatory requirement. Which of the following is the risk practitioner's

BEST course of action?

Options:

A.  

The application code has not been version controlled.

B.  

Knowledge of the applications is limited to few employees.

C.  

An IT project manager is not assigned to oversee development.

D.  

Controls are not applied to the applications.

Discussion 0
Question # 4

An internal audit report reveals that a legacy system is no longer supported Which of the following is the risk practitioner's MOST important action before recommending a risk response'

Options:

A.  

Review historical application down me and frequency

B.  

Assess the potential impact and cost of mitigation

C.  

identify other legacy systems within the organization

D.  

Explore the feasibility of replacing the legacy system

Discussion 0
Question # 5

Which of the following is the MAIN reason to continuously monitor IT-related risk?

Options:

A.  

To redefine the risk appetite and risk tolerance levels based on changes in risk factors

B.  

To update the risk register to reflect changes in levels of identified and new IT-related risk

C.  

To ensure risk levels are within acceptable limits of the organization's risk appetite and risk tolerance

D.  

To help identify root causes of incidents and recommend suitable long-term solutions

Discussion 0
Question # 6

Which of the following is MOST important for an organization to consider when developing its IT strategy?

Options:

A.  

IT goals and objectives

B.  

Organizational goals and objectives

C.  

The organization's risk appetite statement

D.  

Legal and regulatory requirements

Discussion 0
Question # 7

Which of the following should be the PRIMARY basis for deciding whether to disclose information related to risk events that impact external stakeholders?

Options:

A.  

Stakeholder preferences

B.  

Contractual requirements

C.  

Regulatory requirements

D.  

Management assertions

Discussion 0
Question # 8

Which of the following should be considered FIRST when managing a risk event related to theft and disclosure of customer information?

Options:

A.  

Protecting the organization from negative publicity

B.  

Performing a root cause analysis to prevent incident recurrence

C.  

Containing the impact of the incident to affected customers

D.  

Preventing further dissemination of customer information

Discussion 0
Question # 9

Which of the following offers the SIMPLEST overview of changes in an organization's risk profile?

Options:

A.  

A risk roadmap

B.  

A balanced scorecard

C.  

A heat map

D.  

The risk register

Discussion 0
Question # 10

Participants in a risk workshop have become focused on the financial cost to mitigate risk rather than choosing the most appropriate response. Which of the following is the BEST way to address this type of issue in the long term?

Options:

A.  

Perform a return on investment analysis.

B.  

Review the risk register and risk scenarios.

C.  

Calculate annualized loss expectancy of risk scenarios.

D.  

Raise the maturity of organizational risk management.

Discussion 0
Question # 11

Which of the following is MOST important to compare against the corporate risk profile?

Options:

A.  

Industry benchmarks

B.  

Risk tolerance

C.  

Risk appetite

D.  

Regulatory compliance

Discussion 0
Question # 12

Which of the following is the MOST important metric to monitor the performance of the change management process?

Options:

A.  

Percentage of changes having separation of duties in code deployment

B.  

Percentage of changes having completed post-implementation verification

C.  

Percentage of changes having user acceptance testing (UAT) sign-off

D.  

Percentage of changes having to invoke the rollback plan

Discussion 0
Question # 13

Which of the following criteria is MOST important when developing a response to an attack that would compromise data?

Options:

A.  

The recovery time objective (RTO)

B.  

The likelihood of a recurring attack

C.  

The organization's risk tolerance

D.  

The business significance of the information

Discussion 0
Question # 14

A risk practitioner has been asked by executives to explain how existing risk treatment plans would affect risk posture at the end of the year. Which of the following is MOST helpful in responding to this request?

Options:

A.  

Assessing risk with no controls in place

B.  

Showing projected residual risk

C.  

Providing peer benchmarking results

D.  

Assessing risk with current controls in place

Discussion 0
Question # 15

A risk practitioner notices a risk scenario associated with data loss at the organization's cloud provider is assigned to the provider who should the risk scenario be reassigned to.

Options:

A.  

Senior management

B.  

Chief risk officer (CRO)

C.  

Vendor manager

D.  

Data owner

Discussion 0
Question # 16

Which of the following would MOST effectively reduce risk associated with an increased volume of online transactions on a retailer website?

Options:

A.  

Hot backup site

B.  

Transaction limits

C.  

Scalable infrastructure

D.  

Website activity monitoring

Discussion 0
Question # 17

Which of the following is the MOST important characteristic of an effective risk management program?

Options:

A.  

Risk response plans are documented

B.  

Controls are mapped to key risk scenarios.

C.  

Key risk indicators are defined.

D.  

Risk ownership is assigned

Discussion 0
Question # 18

Which of the following is a PRIMARY benefit of engaging the risk owner during the risk assessment process?

Options:

A.  

Identification of controls gaps that may lead to noncompliance

B.  

Prioritization of risk action plans across departments

C.  

Early detection of emerging threats

D.  

Accurate measurement of loss impact

Discussion 0
Question # 19

Which of the following roles should be assigned accountability for monitoring risk levels?

Options:

A.  

Risk practitioner

B.  

Business manager

C.  

Risk owner

D.  

Control owner

Discussion 0
Question # 20

The BEST criteria when selecting a risk response is the:

Options:

A.  

capability to implement the response

B.  

importance of IT risk within the enterprise

C.  

effectiveness of risk response options

D.  

alignment of response to industry standards

Discussion 0
Question # 21

Which of the following should be a risk practitioner's PRIMARY focus when tasked with ensuring organization records are being retained for a sufficient period of time to meet legal obligations?

Options:

A.  

Data duplication processes

B.  

Data archival processes

C.  

Data anonymization processes

D.  

Data protection processes

Discussion 0
Question # 22

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?

Options:

A.  

Escalate the concern to senior management.

B.  

Document the reasons for the exception.

C.  

Include the application in IT risk assessments.

D.  

Propose that the application be transferred to IT.

Discussion 0
Question # 23

Which of the following process controls BEST mitigates the risk of an employee issuing fraudulent payments to a vendor?

Options:

A.  

Performing credit verification of third-party vendors prior to payment

B.  

Conducting system access reviews to ensure least privilege and appropriate access

C.  

Performing regular reconciliation of payments to the check registers

D.  

Enforcing segregation of duties between the vendor master file and invoicing

Discussion 0
Question # 24

Which of the following practices would be MOST effective in protecting personality identifiable information (Ptl) from unauthorized access m a cloud environment?

Options:

A.  

Apply data classification policy

B.  

Utilize encryption with logical access controls

C.  

Require logical separation of company data

D.  

Obtain the right to audit

Discussion 0
Question # 25

A risk practitioner has been asked to propose a risk acceptance framework for an organization. Which of the following is the MOST important consideration for the risk practitioner to address in the framework?

Options:

A.  

Consistent forms to document risk acceptance rationales

B.  

Acceptable scenarios to override risk appetite or tolerance thresholds

C.  

Individuals or roles authorized to approve risk acceptance

D.  

Communication protocols when a risk is accepted

Discussion 0
Question # 26

IT stakeholders have asked a risk practitioner for IT risk profile reports associated with specific departments to allocate resources for risk mitigation. The BEST way to address this request would be to use:

Options:

A.  

the cost associated with each control.

B.  

historical risk assessments.

C.  

key risk indicators (KRls).

D.  

information from the risk register.

Discussion 0
Question # 27

Which of the following is a risk practitioner's BEST recommendation regarding disaster recovery management (DRM) for Software as a Service (SaaS) providers?

Options:

A.  

Conduct inoremental backups of data in the SaaS environment to a local data center.

B.  

Implement segregation of duties between multiple SaaS solution providers.

C.  

Codify availability requirements in the SaaS provider's contract.

D.  

Conduct performance benchmarking against other SaaS service providers.

Discussion 0
Question # 28

Which of the following should be the PRIMARY input when designing IT controls?

Options:

A.  

Benchmark of industry standards

B.  

Internal and external risk reports

C.  

Recommendations from IT risk experts

D.  

Outcome of control self-assessments

Discussion 0
Question # 29

External penetration tests MUST include:

Options:

A.  

use of consultants to ensure completeness.

B.  

communications to users of the target systems.

C.  

changes to target data to prove the attack was successful.

D.  

advance approval from system owners.

Discussion 0
Question # 30

The MOST essential content to include in an IT risk awareness program is how to:

Options:

A.  

populate risk register entries and build a risk profile for management reporting.

B.  

prioritize IT-related actions by considering risk appetite and risk tolerance.

C.  

define the IT risk framework for the organization.

D.  

comply with the organization's IT risk and information security policies.

Discussion 0
Question # 31

The PRIMARY reason to have risk owners assigned to entries in the risk register is to ensure:

Options:

A.  

risk is treated appropriately

B.  

mitigating actions are prioritized

C.  

risk entries are regularly updated

D.  

risk exposure is minimized.

Discussion 0
Question # 32

Which of the following is the FIRST step when conducting a business impact analysis (BIA)?

Options:

A.  

Creating a data classification scheme

B.  

Identifying events impacting continuity of operations

C.  

Analyzing previous risk assessment results

D.  

Identifying critical information assets

Discussion 0
Question # 33

Which of the following provides The BEST information when determining whether to accept residual risk of a critical system to be implemented?

Options:

A.  

Single loss expectancy (SLE)

B.  

Cost of the information system

C.  

Availability of additional compensating controls

D.  

Potential business impacts are within acceptable levels

Discussion 0
Question # 34

Which of the following should be done FIRST when a new risk scenario has been identified

Options:

A.  

Estimate the residual risk.

B.  

Establish key risk indicators (KRIs).

C.  

Design control improvements.

D.  

Identify the risk owner.

Discussion 0
Question # 35

The MOST important reason for implementing change control procedures is to ensure:

Options:

A.  

only approved changes are implemented

B.  

timely evaluation of change events

C.  

an audit trail exists.

D.  

that emergency changes are logged.

Discussion 0
Question # 36

Which of the following is the BEST indication of an improved risk-aware culture following the implementation of a security awareness training program for all employees?

Options:

A.  

A reduction in the number of help desk calls

B.  

An increase in the number of identified system flaws

C.  

A reduction in the number of user access resets

D.  

An increase in the number of incidents reported

Discussion 0
Question # 37

After undertaking a risk assessment of a production system, the MOST appropriate action is fcr the risk manager to

Options:

A.  

recommend a program that minimizes the concerns of that production system.

B.  

inform the process owner of the concerns and propose measures to reduce them.

C.  

inform the IT manager of the concerns and propose measures to reduce them.

D.  

inform the development team of the concerns and together formulate risk reduction measures.

Discussion 0
Question # 38

The PRIMARY purpose of vulnerability assessments is to:

Options:

A.  

provide clear evidence that the system is sufficiently secure.

B.  

determine the impact of potential threats.

C.  

test intrusion detection systems (IDS) and response procedures.

D.  

detect weaknesses that could lead to system compromise.

Discussion 0
Question # 39

Which of the following practices BEST mitigates risk related to enterprise-wide ethical decision making in a multi-national organization?

Options:

A.  

Customized regional training on local laws and regulations

B.  

Policies requiring central reporting of potential procedure exceptions

C.  

Ongoing awareness training to support a common risk culture

D.  

Zero-tolerance policies for risk taking by middle-level managers

Discussion 0
Question # 40

Which of the following is the MOST important consideration when selecting key risk indicators (KRIs) to monitor risk trends over time?

Options:

A.  

Ongoing availability of data

B.  

Ability to aggregate data

C.  

Ability to predict trends

D.  

Availability of automated reporting systems

Discussion 0
Question # 41

When documenting a risk response, which of the following provides the STRONGEST evidence to support the decision?

Options:

A.  

Verbal majority acceptance of risk by committee

B.  

List of compensating controls

C.  

IT audit follow-up responses

D.  

A memo indicating risk acceptance

Discussion 0
Question # 42

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?

Options:

A.  

Well documented policies and procedures

B.  

Risk and issue tracking

C.  

An IT strategy committee

D.  

Change and release management

Discussion 0
Question # 43

From a risk management perspective, which of the following is the PRIMARY purpose of conducting a root cause analysis following an incident?

Options:

A.  

To reduce incident response times defined in SLAs

B.  

To satisfy senior management expectations for incident response

C.  

To ensure risk has been reduced to acceptable levels

D.  

To minimize the likelihood of future occurrences

Discussion 0
Question # 44

Which of the following will BEST help mitigate the risk associated with malicious functionality in outsourced application development?

Options:

A.  

Perform an m-depth code review with an expert

B.  

Validate functionality by running in a test environment

C.  

Implement a service level agreement.

D.  

Utilize the change management process.

Discussion 0
Question # 45

A risk practitioner has been made aware of a problem in an IT system that was missed during a routine risk assessment. Which of the following is the practitioner's BEST course of action?

Options:

A.  

Record the problem as a new issue in the risk management system

B.  

Record a new issue but backdate it to the original risk assessment date

C.  

Report the vulnerability to the asset owner's manager

D.  

Document the issue during the next risk assessment

Discussion 0
Question # 46

Which of the following is the GREATEST benefit when enterprise risk management (ERM) provides oversight of IT risk management?

Options:

A.  

Aligning IT with short-term and long-term goals of the organization

B.  

Ensuring the IT budget and resources focus on risk management

C.  

Ensuring senior management's primary focus is on the impact of identified risk

D.  

Prioritizing internal departments that provide service to customers

Discussion 0
Question # 47

Which of the following provides the MOST useful information to trace the impact of aggregated risk across an organization's technical environment?

Options:

A.  

Business case documentation

B.  

Organizational risk appetite statement

C.  

Enterprise architecture (EA) documentation

D.  

Organizational hierarchy

Discussion 0
Question # 48

A risk practitioner has just learned about new malware that has severely impacted industry peers worldwide data loss?

Options:

A.  

Customer database manager

B.  

Customer data custodian

C.  

Data privacy officer

D.  

Audit committee

Discussion 0
Question # 49

An organization has contracted with a cloud service provider to support the deployment of a new product. Of the following, who should own the associated risk?

Options:

A.  

The head of enterprise architecture (EA)

B.  

The IT risk manager

C.  

The information security manager

D.  

The product owner

Discussion 0
Question # 50

Which of the following BEST measures the impact of business interruptions caused by an IT service outage?

Options:

A.  

Sustained financial loss

B.  

Cost of remediation efforts

C.  

Duration of service outage

D.  

Average time to recovery

Discussion 0
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