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CRISC Practice Exam Questions and Answers

Certified in Risk and Information Systems Control

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Question # 1

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 # 2

Which of the following should be the PRIMARY driver for the prioritization of risk responses?

Options:

A.  

Residual risk

B.  

Risk appetite

C.  

Mitigation cost

D.  

Inherent risk

Discussion 0
Question # 3

Which of the following BEST confirms the existence and operating effectiveness of information systems controls?

Options:

A.  

Self-assessment questionnaires completed by management

B.  

Review of internal audit and third-party reports

C.  

Management review and sign-off on system documentation

D.  

First-hand direct observation of the controls in operation

Discussion 0
Question # 4

A recent risk workshop has identified risk owners and responses for newly identified risk scenarios. Which of the following should be the risk practitioner's NEXT step?

Options:

A.  

Develop a mechanism for monitoring residual risk.

B.  

Update the risk register with the results.

C.  

Prepare a business case for the response options.

D.  

Identify resources for implementing responses.

Discussion 0
Question # 5

Which of the following provides the MOST mitigation value for an organization implementing new Internet of Things (loT) devices?

Options:

A.  

Performing a vulnerability assessment on the loT devices

B.  

Designing loT architecture with IT security controls from the start

C.  

Implementing key risk indicators (KRIs) for loT devices

D.  

To ensure risk trend data is collected and reported

Discussion 0
Question # 6

When performing a risk assessment of a new service to support a core business process, which of the following should be done FIRST to ensure continuity of operations?

Options:

A.  

Define metrics for restoring availability.

B.  

Identify conditions that may cause disruptions.

C.  

Review incident response procedures.

D.  

Evaluate the probability of risk events.

Discussion 0
Question # 7

Which of the following trends would cause the GREATEST concern regarding the effectiveness of an organization's user access control processes? An increase in the:

Options:

A.  

ratio of disabled to active user accounts.

B.  

percentage of users with multiple user accounts.

C.  

average number of access entitlements per user account.

D.  

average time between user transfers and access updates.

Discussion 0
Question # 8

Which organizational role should be accountable for ensuring information assets are appropriately classified?

Options:

A.  

Data protection officer

B.  

Chief information officer (CIO)

C.  

Information asset custodian

D.  

Information asset owner

Discussion 0
Question # 9

Which of the following approaches will BEST help to ensure the effectiveness of risk awareness training?

Options:

A.  

Piloting courses with focus groups

B.  

Using reputable third-party training programs

C.  

Reviewing content with senior management

D.  

Creating modules for targeted audiences

Discussion 0
Question # 10

Which of the following should be the PRIMARY focus of an IT risk awareness program?

Options:

A.  

Ensure compliance with the organization's internal policies

B.  

Cultivate long-term behavioral change.

C.  

Communicate IT risk policy to the participants.

D.  

Demonstrate regulatory compliance.

Discussion 0
Question # 11

Which of the following should be done FIRST when developing a data protection management plan?

Options:

A.  

Perform a cost-benefit analysis.

B.  

Identify critical data.

C.  

Establish a data inventory.

D.  

Conduct a risk analysis.

Discussion 0
Question # 12

Mitigating technology risk to acceptable levels should be based PRIMARILY upon:

Options:

A.  

organizational risk appetite.

B.  

business sector best practices.

C.  

business process requirements.

D.  

availability of automated solutions

Discussion 0
Question # 13

Senior management has asked the risk practitioner for the overall residual risk level for a process that contains numerous risk scenarios. Which of the following should be provided?

Options:

A.  

The sum of residual risk levels for each scenario

B.  

The loss expectancy for aggregated risk scenarios

C.  

The highest loss expectancy among the risk scenarios

D.  

The average of anticipated residual risk levels

Discussion 0
Question # 14

Who is PRIMARILY accountable for identifying risk on a daily basis and ensuring adherence to the organization's policies?

Options:

A.  

Third line of defense

B.  

Line of defense subject matter experts

C.  

Second line of defense

D.  

First line of defense

Discussion 0
Question # 15

Which of the following is MOST important to determine as a result of a risk assessment?

Options:

A.  

Process ownership

B.  

Risk appetite statement

C.  

Risk tolerance levels

D.  

Risk response options

Discussion 0
Question # 16

The BEST way to mitigate the high cost of retrieving electronic evidence associated with potential litigation is to implement policies and procedures for.

Options:

A.  

data logging and monitoring

B.  

data mining and analytics

C.  

data classification and labeling

D.  

data retention and destruction

Discussion 0
Question # 17

Which of the following scenarios presents the GREATEST risk for a global organization when implementing a data classification policy?

Options:

A.  

Data encryption has not been applied to all sensitive data across the organization.

B.  

There are many data assets across the organization that need to be classified.

C.  

Changes to information handling procedures are not documented.

D.  

Changes to data sensitivity during the data life cycle have not been considered.

Discussion 0
Question # 18

A risk assessment has been completed on an application and reported to the application owner. The report includes validated vulnerability findings that require mitigation. Which of the following should be the NEXT step?

Options:

A.  

Report the findings to executive management to enable treatment decisions.

B.  

Reassess each vulnerability to evaluate the risk profile of the application.

C.  

Conduct a penetration test to determine how to mitigate the vulnerabilities.

D.  

Prepare a risk response that is aligned to the organization's risk tolerance.

Discussion 0
Question # 19

Which of the following is the BEST reason to use qualitative measures to express residual risk levels related to emerging threats?

Options:

A.  

Qualitative measures require less ongoing monitoring.

B.  

Qualitative measures are better aligned to regulatory requirements.

C.  

Qualitative measures are better able to incorporate expert judgment.

D.  

Qualitative measures are easier to update.

Discussion 0
Question # 20

Which of the following provides the MOST up-to-date information about the effectiveness of an organization's overall IT control environment?

Options:

A.  

Key performance indicators (KPIs)

B.  

Risk heat maps

C.  

Internal audit findings

D.  

Periodic penetration testing

Discussion 0
Question # 21

Which stakeholder is MOST important to include when defining a risk profile during me selection process for a new third party application'?

Options:

A.  

The third-party risk manager

B.  

The application vendor

C.  

The business process owner

D.  

The information security manager

Discussion 0
Question # 22

The BEST way to test the operational effectiveness of a data backup procedure is to:

Options:

A.  

conduct an audit of files stored offsite.

B.  

interview employees to compare actual with expected procedures.

C.  

inspect a selection of audit trails and backup logs.

D.  

demonstrate a successful recovery from backup files.

Discussion 0
Question # 23

When outsourcing a business process to a cloud service provider, it is MOST important to understand that:

Options:

A.  

insurance could be acquired for the risk associated with the outsourced process.

B.  

service accountability remains with the cloud service provider.

C.  

a risk owner must be designated within the cloud service provider.

D.  

accountability for the risk will remain with the organization.

Discussion 0
Question # 24

To help ensure the success of a major IT project, it is MOST important to:

Options:

A.  

obtain the appropriate stakeholders' commitment.

B.  

align the project with the IT risk framework.

C.  

obtain approval from business process owners.

D.  

update the risk register on a regular basis.

Discussion 0
Question # 25

Which of the following is the MOST reliable validation of a new control?

Options:

A.  

Approval of the control by senior management

B.  

Complete and accurate documentation of control objectives

C.  

Control owner attestation of control effectiveness

D.  

Internal audit review of control design

Discussion 0
Question # 26

Which of the following BEST facilitates the process of documenting risk tolerance?

Options:

A.  

Creating a risk register

B.  

Interviewing management

C.  

Conducting a risk assessment

D.  

Researching industry standards

Discussion 0
Question # 27

Which of the following is the MOST important consideration when sharing risk management updates with executive management?

Options:

A.  

Including trend analysis of risk metrics

B.  

Using an aggregated view of organizational risk

C.  

Relying on key risk indicator (KRI) data

D.  

Ensuring relevance to organizational goals

Discussion 0
Question # 28

A deficient control has been identified which could result in great harm to an organization should a low frequency threat event occur. When communicating the associated risk to senior management the risk practitioner should explain:

Options:

A.  

mitigation plans for threat events should be prepared in the current planning period.

B.  

this risk scenario is equivalent to more frequent but lower impact risk scenarios.

C.  

the current level of risk is within tolerance.

D.  

an increase in threat events could cause a loss sooner than anticipated.

Discussion 0
Question # 29

Which of the following findings of a security awareness program assessment would cause the GREATEST concern to a risk practitioner?

Options:

A.  

The program has not decreased threat counts.

B.  

The program has not considered business impact.

C.  

The program has been significantly revised

D.  

The program uses non-customized training modules.

Discussion 0
Question # 30

Which of the following activities would BEST contribute to promoting an organization-wide risk-aware culture?

Options:

A.  

Performing a benchmark analysis and evaluating gaps

B.  

Conducting risk assessments and implementing controls

C.  

Communicating components of risk and their acceptable levels

D.  

Participating in peer reviews and implementing best practices

Discussion 0
Question # 31

During a risk assessment, a key external technology supplier refuses to provide control design and effectiveness information, citing confidentiality concerns. What should the risk practitioner do NEXT?

Options:

A.  

Escalate the non-cooperation to management

B.  

Exclude applicable controls from the assessment.

C.  

Review the supplier's contractual obligations.

D.  

Request risk acceptance from the business process owner.

Discussion 0
Question # 32

Which of the following is the MOST important factor to consider when determining whether to approve a policy exception request?

Options:

A.  

Volume of exceptions

B.  

Lack of technical resources

C.  

Cost of noncompliance

D.  

Time required to implement controls

Discussion 0
Question # 33

A peer review of a risk assessment finds that a relevant threat community was not included. Mitigation of the risk will require substantial changes to a software application. Which of the following is the BEST course of action?

Options:

A.  

Ask the business to make a budget request to remediate the problem.

B.  

Build a business case to remediate the fix.

C.  

Research the types of attacks the threat can present.

D.  

Determine the impact of the missing threat.

Discussion 0
Question # 34

An organization is implementing internet of Things (loT) technology to control temperature and lighting in its headquarters. Which of the following should be of GREATEST concern?

Options:

A.  

Insufficient network isolation

B.  

impact on network performance

C.  

insecure data transmission protocols

D.  

Lack of interoperability between sensors

Discussion 0
Question # 35

Which of the following contributes MOST to the effective implementation of risk responses?

Options:

A.  

Clear understanding of the risk

B.  

Comparable industry risk trends

C.  

Appropriate resources

D.  

Detailed standards and procedures

Discussion 0
Question # 36

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 # 37

A risk practitioner is preparing a report to communicate changes in the risk and control environment. The BEST way to engage stakeholder attention is to:

Options:

A.  

include detailed deviations from industry benchmarks,

B.  

include a summary linking information to stakeholder needs,

C.  

include a roadmap to achieve operational excellence,

D.  

publish the report on-demand for stakeholders.

Discussion 0
Question # 38

The BEST way to validate that a risk treatment plan has been implemented effectively is by reviewing:

Options:

A.  

results of a business impact analysis (BIA).

B.  

the original risk response plan.

C.  

training program and user awareness documentation.

D.  

a post-implementation risk and control self-assessment (RCSA).

Discussion 0
Question # 39

WhichT5f the following is the MOST effective way to promote organization-wide awareness of data security in response to an increase in regulatory penalties for data leakage?

Options:

A.  

Enforce sanctions for noncompliance with security procedures.

B.  

Conduct organization-w>de phishing simulations.

C.  

Require training on the data handling policy.

D.  

Require regular testing of the data breach response plan.

Discussion 0
Question # 40

Which of the following will BEST help to ensure implementation of corrective action plans?

Options:

A.  

Establishing employee awareness training

B.  

Assigning accountability to risk owners

C.  

Selling target dates to complete actions

D.  

Contracting to third parties

Discussion 0
Question # 41

After conducting a risk assessment for regulatory compliance, an organization has identified only one possible mitigating control. The cost of the control has been determined to be higher than the penalty of noncompliance. Which of the following would be the risk practitioner's BEST recommendation?

Options:

A.  

Accept the risk with management sign-off.

B.  

Ignore the risk until the regulatory body conducts a compliance check.

C.  

Mitigate the risk with the identified control.

D.  

Transfer the risk by buying insurance.

Discussion 0
Question # 42

During an IT department reorganization, the manager of a risk mitigation action plan was replaced. The new manager has begun implementing a new control after identifying a more effective option. Which of the following is the risk practitioner's BEST course of action?

Options:

A.  

Communicate the decision to the risk owner for approval

B.  

Seek approval from the previous action plan manager.

C.  

Identify an owner for the new control.

D.  

Modify the action plan in the risk register.

Discussion 0
Question # 43

A global organization is considering the transfer of its customer information systems to an overseas cloud service provider in the event of a disaster. Which of the following should be the MOST important risk consideration?

Options:

A.  

Regulatory restrictions for cross-border data transfer

B.  

Service level objectives in the vendor contract

C.  

Organizational culture differences between each country

D.  

Management practices within each company

Discussion 0
Question # 44

Which of the following BEST enables an organization to address new risk associated with an Internet of Things (IoT) solution?

Options:

A.  

Transferring the risk

B.  

Introducing control procedures early in the life cycle

C.  

Updating the risk tolerance to include the new risk

D.  

Implementing IoT device monitoring software

Discussion 0
Question # 45

Which of the following is the FIRST step when developing a business case to drive the adoption of a risk remediation project by senior management?

Options:

A.  

Calculating the cost

B.  

Analyzing cost-effectiveness

C.  

Determining the stakeholders

D.  

Identifying the objectives

Discussion 0
Question # 46

Which of the following would BEST enable a risk practitioner to embed risk management within the organization?

Options:

A.  

Provide risk management feedback to key stakeholders.

B.  

Collect and analyze risk data for report generation.

C.  

Monitor and prioritize risk data according to the heat map.

D.  

Engage key stakeholders in risk management practices.

Discussion 0
Question # 47

A risk practitioner has learned that an effort to implement a risk mitigation action plan has stalled due to lack of funding. The risk practitioner should report that the associated risk has been:

Options:

A.  

mitigated

B.  

accepted

C.  

avoided

D.  

deferred

Discussion 0
Question # 48

Which of the following provides the BEST evidence that a selected risk treatment plan is effective?

Options:

A.  

Identifying key risk indicators (KRIs)

B.  

Evaluating the return on investment (ROI)

C.  

Evaluating the residual risk level

D.  

Performing a cost-benefit analysis

Discussion 0
Question # 49

A risk owner has accepted a high-impact risk because the control was adversely affecting process efficiency. Before updating the risk register, it is MOST important for the risk practitioner to:

Options:

A.  

ensure suitable insurance coverage is purchased.

B.  

negotiate with the risk owner on control efficiency.

C.  

reassess the risk to confirm the impact.

D.  

obtain approval from senior management.

Discussion 0
Question # 50

For a large software development project, risk assessments are MOST effective when performed:

Options:

A.  

before system development begins.

B.  

at system development.

C.  

at each stage of the system development life cycle (SDLC).

D.  

during the development of the business case.

Discussion 0
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