CRISC Exam Questions Dumps, Selling ISACA Products
CRISC Cert Guide PDF 100% Cover Real Exam Questions
ABCs of CRISC Exam
The Certified in Risk and Information Systems Control (CRISC) test is one of the ISACA gems popular among candidates. Before arriving at the designated testing center, you must have the proper training needed in the four areas underlined in the syllabus, namely, IT Risk Identification, Risk Response Mitigation, IT Risk Identification, as well as Risk, Control Monitoring including Reporting. From there on, you can begin wrestling with the 150 questions in no more than 240 minutes. Passing such an exam will serve beneficial in your future associations with your coworkers, regulators, as well as internal and external stakeholders. Generally, it fits perfectly mid-career specialists who are adept in the world of enterprise risk management and control.
NEW QUESTION 378
Which of the following is the MOST common concern associated with outsourcing to a service provider?
- A. Lack of technical expertise
- B. Denial of service attacks
- C. Unauthorized data usage
- D. Combining incompatible duties
Answer: C
NEW QUESTION 379
IT risk assessments can BEST be used by management:
- A. as a basis for cost-benefit analysis.
- B. for compliance with laws and regulations
- C. as input foe decision-making
- D. to measure organizational success.
Answer: C
NEW QUESTION 380
You are the risk official at Bluewell Inc. There are some risks that are posing threat on your enterprise. You are measuring exposure of those risk factors, which has the highest potential, by examining the extent to which the uncertainty of each element affects the object under consideration when all other uncertain elements are held at their baseline values. Which type of analysis you are performing?
- A. Sensitivity analysis
- B. Cause-and-effect analysis
- C. Scenario analysis
- D. Fault tree analysis
- E. Explanation:
Sensitivity analysis is the quantitative risk analysis technique that: Assist in determination of risk factors that have the most potential impact Examines the extent to which the uncertainty of each element affects the object under consideration when all other uncertain elements are held at their baseline values
Answer: A
Explanation:
is incorrect. Fault tree analysis provides a systematic description of the combination of possible undesirable occurrences in a system. It does not measure the extent of uncertainty. Answer:C is incorrect. Cause-and-effect analysis involves the use of predictive or diagnostic analytical tool for exploring the root causes or factors that contribute to positive or negative effects or outcomes, and not the extent of uncertainty. Answer:D is incorrect. Scenario analysis provides ability to see a range of values across several scenarios to identify risk in specific situation. It provides ability to identify those inputs which will provide the greatest level of uncertainty. But it plays no role in determining the extent of uncertainty.
NEW QUESTION 381
Which of the following is the GREATEST benefit to an organization when updates to the risk register are made promptly after the completion of a risk assessment?
- A. Improved senior management communication
- B. Optimized risk treatment decisions
- C. Enhanced awareness of risk management
- D. Improved collaboration among risk professionals
Answer: B
NEW QUESTION 382
An organization has been notified that a dis grunted, terminated IT administrator has tried to break into the corporate network. Which of the following discoveries should be of GREATEST concern to the organization?
- A. An external vulnerability scan has been detected
- B. A brute force attack has been detected
- C. An increase in support request has been observed
- D. Authentication logs have been disabled
Answer: D
Explanation:
Section: Volume D
NEW QUESTION 383
Recovery the objectives (RTOs) should be based on
- A. maximum tolerable loss of data
- B. maximum tolerable downtime.
- C. minimum tolerable loss of data.
- D. minimum tolerable downtime
Answer: B
NEW QUESTION 384
Which of the following is the BEST way to determine the ongoing efficiency of control processes?
- A. Analyze key performance indicators (KPIs)
- B. Perform annual risk assessments
- C. Review the risk register
- D. Interview process owners
Answer: A
Explanation:
Section: Volume D
NEW QUESTION 385
Which of the following is the BEST key control indicator (KCI) for risk related to IT infrastructure failure?
- A. Percentage of systems with outdated virus protection
- B. Number of times the recovery plan is reviewed
- C. Percentage of employees who can work remotely
- D. Number of successful recovery plan tests
Answer: D
NEW QUESTION 386
Your company is covered under a liability insurance policy, which provides various liability coverage for information security risks, including any physical damage of assets, hacking attacks, etc. Which of the following risk management techniques is your company using?
- A. Risk acceptance
- B. Risk mitigation
- C. Risk avoidance
- D. Explanation:
Risk transfer is the practice of passing risk from one entity to another entity. In other words, if a company is covered under a liability insurance policy providing various liability coverage for information security risks, including any physical damage of assets, hacking attacks, etc., it means it has transferred its security risks to the insurance company. - E. Risk transfer
Answer: E
Explanation:
is incorrect. Risk mitigation is the practice of reducing the severity of the loss or the likelihood of the loss from occurring. Answer: C is incorrect. Risk avoidance is the practice of not performing an activity that could carry risk. Avoidance may seem the answer to all risks, but avoiding risks also means losing out on the potential gain that accepting (retaining) the risk may have allowed. Answer: B is incorrect. Risk acceptance is the practice of accepting certain risk(s), typically based on a business decision that may also weigh the cost versus the benefit of dealing with the risk in another way.
NEW QUESTION 387
Stephen is the project manager of the GBB project. He has worked with two subject matter experts and his project team to complete the risk assessment technique. There are approximately 47 risks that have a low probability and a low impact on the project. Which of the following answers best describes what Stephen should do with these risk events?
- A. The low probability and low impact risks should be added to a watchlist for future monitoring.
- B. Because they are low probability and low impact, the risks can be dismissed.
- C. The low probability and low impact risks should be added to the risk register.
- D. Because they are low probability and low impact, Stephen should accept the risks.
Answer: A
Explanation:
Section: Volume A
Explanation:
The low probability and low impact risks should be added to a watchlist for future monitoring.
Incorrect Answers:
A: The risk response for these events may be to accept them, but the best answer is to first add them to a watchlist.
C: Risks are not dismissed; they are at least added to a watchlist for monitoring.
D: While the risks may eventually be added to the register, the best answer is to first add them to the watchlist for monitoring.
NEW QUESTION 388
Which of the following is the PRIMARY purpose of periodically reviewing an organization's risk profile?
- A. Update risk responses in the risk register
- B. Design and implement risk response action plans.
- C. Enable risk-based decision making.
- D. Align business objectives with risk appetite.
Answer: A
NEW QUESTION 389
When reporting risk assessment results to senior management, which of the following is MOST important to include to enable risk-based decision making?
- A. Recent audit and self-assessment results
- B. Risk action plans and associated owners
- C. A list of assets exposed to the highest risk
- D. Potential losses compared to treatment cost
Answer: D
NEW QUESTION 390
A part of a project deals with the hardware work. As a project manager, you have decided to hire a company to deal with all hardware work on the project. Which type of risk response is this?
- A. Transference
- B. Avoidance
- C. Mitigation
- D. Exploit
Answer: A
Explanation:
Section: Volume C
Explanation:
When you are hiring a third party to own risk, it is known as transference risk response.
Risk transfer means that impact of risk is reduced by transferring or otherwise sharing a portion of the risk with an external organization or another internal entity. Transfer of risk can occur in many forms but is most effective when dealing with financial risks. Insurance is one form of risk transfer.
Incorrect Answers:
B: The act of spending money to reduce a risk probability and impact is known as mitigation.
C: When extra activities are introduced into the project to avoid the risk, this is an example of avoidance.
D: Exploit is a strategy that may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized.
NEW QUESTION 391
Which of the following is a PRIMARY benefit of engaging the risk owner during the risk assessment process?
- A. Identification of controls gaps that may lead to noncompliance
- B. Accurate measurement of loss impact
- C. Early detection of emerging threats
- D. Prioritization of risk action plans across departments
Answer: A
NEW QUESTION 392
Which of the following can be interpreted from a single data point on a risk heat map?
- A. Risk appetite
- B. Risk response
- C. Risk magnitude
- D. Risk tolerance
Answer: C
NEW QUESTION 393
......
Risk Response Mitigation: 23%
- Help the control owners to develop control mechanisms and documentation for effective and efficient control execution;
- Discuss with the risk owners to choose and align proposed risk responses with the business objectives to allow for informed risk decision making;
- Establish the options for risk response and measure their risk management effectiveness and efficiency in alignment with the business objectives;
- Certify the execution of risk responses based on risk action plans.
- Consult with the stakeholders on design, implementation, or adjustment in mitigation controls to ascertain that risks are managed to a certain acceptable level;
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