CISM Exam Study Guide with Complete Solutions

CISM Exam Study Guide with Complete Solutions What is Information Security Governance. Note there are 5 desired outcomes: - Answer️️ -1. Strategic alignment of information security with business strategy to support organizational objectives 2. Risk management by executing appropriate measures to manage and mitigate risks and reduce potential impacts on information resources to an acceptable level 3. Resource management by utilizing information security knowledge and infrastructure efficiently and effectively. 4. Performance measurement by measuring, monitoring and reporting information security governance metrics to ensure that organizational objectives are achieved 5. Value delivery by optimizing Information - Answer️️ -Data endowed with meaning and purpose Benefits from and effective governance program - Answer️️ -1. Strategic Alignment ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM 2 2. Risk Management 3. Value Delivery 4. Resource Optimization 5 Performance measurement. Strategic Alignment - Answer️️ -Aligning info security with the business strategy by providing guidance, develop security solution, and align investment with the business strategy. Risk Management - Answer️️ -Is the process by which an organization manages risk to acceptable levels within acceptable tolerances, identifies potential risk and its associated impacts, and prioritizes their mitigation based on the organization's business objectives. Risk management develops and deploys internal controls to manage and mitigate risk throughout the organization. Value Delivery - Answer️️ -Optimizing [security investments in support of business objectives]. 1. Create a standard set of security practices (baseline standards), 2. security overheads maintained at minimum levels, institutionalize and commoditize standard-based solution. ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM 3 3. Understanding end-to-end business organization. Continuous improvement culture. Resource Optimization - Answer️️ -Using information security knowledge and infrastructure efficiently and effectively to: 1. Knowledge is captured 2. Document security process 3. Develop security architecture. Performance measurement - Answer️️ -Monitoring and reporting on Info Security process to ensure that objectives are achieved, include: 1. meaningful set of metrics are properly aligned with strategic objectives 2. Identify shortcoming 3. Independent audits 4. Identify most useful matric from others Integration - Answer️️ -Assurance factors/functions and processes operate as intended from end-to-end. Who is responsible for Information Security Governance - Answer️️ -The Board of Directors and Executive management. ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM 4 What is management's responsibility - Answer️️ -Establish and maintain a framework to guide the development and management of a comprehensive Info Security Program. Executive management must be supportive of the process and fully understand and agree with the results from the Business Impact Analysis (BIA) since