CISM (Certified Information Security manager) –
Quiz with 100% Correct Answers
Characteristics of a good information security risk management plan - Answer✔️✔️-
1. Should be linked to business objectives
2. Should incorporate existing risk management practices
Steps that IS manager should follow to plan a risk management program? -
Answer✔️✔️-1. Establish program context and purpose
2. developing a program scope statement and charter
3. identify and classify information assets and determine asset owners
4. define what the risk management plan will achieve for the organization
5. determining the methodology to be used
6. establish a program implementation team with people from key departments
Risk Management Plan - Establishing program context and purpose - Answer✔️✔️-
This first step in risk management planning It includes defining the purpose of the
program, setting objectives and outcomes for the program, and determining what
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the acceptable levels of risk are for the organization. developing a program scope
statement and charter is ranked
Risk Management Plan - developing a program scope statement and charter -
Answer✔️✔️-This is the second step in risk management program planning. In this
step, you create a scope statement that defines the risk management responsibilities
of each department in the organization, the specific actions each member of a
department must take, and the scope of authority that rests with the information
security manager, and other risk management roles.
Risk Management Plan - Identify and classify information assets and determine
asset owners - Answer✔️✔️-This is the third step in risk management program
planning. All information assets are identified and classified to ensure they are
easily identifiable and classified. Owners are identified and assigned so that
someone is accountable for each asset.
Risk Management Plan - Define what the risk management plan will achieve for
the organization - Answer✔️✔️-This is the fourth step in risk management program
planning. Here, the objectives for the risk management program are set based on
the risk analysis.
Risk Management Plan - Determining the methodology to be used - Answer✔️✔️-
This is the fifth step in risk management program planning. In this step, you
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determine what methods you'll use to manage the risks you've identified and
prioritized. This involves assessing the effectiveness of the methods currently in
use and identifying and evaluating alternative methods.
Establish a program implementation team with people from key departments -
Answer✔️✔️-This is the sixth step in risk management program planning. A team is
established with people from all departments. This helps in aligning the program to
every activity that the organization performs.
IR Management Program Roles - Answer✔️✔️-1. Governing board and senior
management
2. Chief information officer
3. System and information owners
4. Business and functional managers
Governing board and senior management - Answer✔️✔️-incorporate the results of
risk analysis into business decisions. This helps to minimize the impact of similar
risks in the future.
Chief information officer - Answer✔️✔️-ensures that the actual performance of all
IT systems matches the expected performance, ensuring information security.
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