Crisc Study guides, Class notes & Summaries

Q1 Which of the following is true for Single loss expectancy (SLE), Annual rate of occurrence (ARO), and Annual loss expectancy (ALE)? A. ALE= ARO/SLE B. ARO= SLE/ALE C. ARO= ALE*SLE D. ALE= ARO*SLE : Correct Answerr: D Section: Volume A Explanation 2 | P a g e A quantitative risk assessment quantifies risk in terms of numbers such as dollar values. This involves gathering data and then entering it into standard formulas. The results can help in identifying the priority of risks....

CRISC Exam Questions and Answers 100% Pass FMEA - Answer- failure modes effects analysis BPM - Answer- business process modeling SPC - Answer- statistical process control cusum - Answer- cumulative summary. each value is added for a cummulative total. EL - Answer- expected loss BCP - Answer- business continuity planning CSF - Answer- critical success factor ERM - Answer- enterprise risk management RCSA - Answer- risk control self assessment COSO - Answer- committee of sponsoring organi...

ISACA - CRISC Vocab Exam 2023...

An enterprise recently developed a breakthrough technology that could provide a significant competitive edge. Which of the following FIRST governs how this information is to be protected from within the enterprise? A. The data classification policy B. The acceptable use policy C. Encryption standards D. The access control policy - ️️A. Data classification policy describes the data classification categories; levels of protection to be provided for each category of data; and roles and re...

CRISC Chapter 4 - risk and control monitoring and reporting exam questions & answers 2023/2024 monitoring effectivness - ANSWER-depends in large part on its successful integration with reporting Risk indicators - ANSWER-used to measure risk levels in comparison to defined risk thresholds, so that the organization receives an alert when a risk level approaches an unacceptable level KRI support the following aspect of risk management - ANSWER-- Risk appetite - risk identification - ri...

CRISC Q&A Domain 2 Questions and Answers 2023 Which of the following uses risk scenarios when estimating the likelihood and impact of significant risk to the organization? A. An IT audit B. A security gap analysis C. A threat and vulnerability assessment D. An IT security assessment C is the correct answer. Justification: A. An IT audit typically uses technical evaluation tools or assessment methodologies to enumerate risk. B. A security gap analysis typically uses technical evaluat...

CRISC Review Questions and Answers 2023 Governance answers what four Questions 1. Are we doing the right thing? 2. Are we doing them the right way? 3. Are we going them well? 4. Are we getting the benefits? Establish and Maintain a common risk view is for what and why? This is done for the Enterprise to determine the controls needed to mitigate risk and integrate in the the business process. This sets the tone of the business regarding how to determine and accepted level of toler...

CRISC Exam (Domain 1) 2023...

R1-1 Which of the following is MOST important to determine when defining risk management strategies? A. Risk assessment criteria B. IT architecture complexity C. An enterprise disaster recovery plan D. Business objectives and operations - ANS - D is the correct answer. Justification: A. Information on the internal and external environment must be collected to define a strategy and identify its impact. Risk assessment criteria alone are not sufficient. B. IT architecture complexity is m...