Isaca Updated CRISC Exam Questions and Answers by camilla

Risk treatment options are the actions or plans that are implemented to modify or reduce the risk exposure of the organization. Risk treatment options receive adequate funding when the organization allocatessufficient resources and budget to support the risk response actions, and to ensure that the risk controls are effective and efficient. This is the best evidence that risk management is driving business decisions in the organization, as it shows that the organization prioritizes and values the risk management process, and that it aligns its risk strategy and objectives with its business goals and value creation. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, Question 245. CRISC: Certified in Risk & Information Systems Control Sample Questions, Question 245. CRISC Sample Questions 2024, Question 245.

Automated data indicating that risk has been reduced provides the most tenable evidence that a business process control is effective, because it shows the actual impact and outcome of the control on the risk level. A demonstration that the control is operating as designed, a successful walk-through of the associated risk assessment, and a management attestation that the control is operating effectively are not the most tenable evidence, because they are based on subjective judgments, assumptions, or expectations, not on objective facts or results. References = CRISC: Certified in Risk & Information Systems Control Sample Questions

The best way to ensure that access remains appropriate for an organization that practices the principle of least privilege is to review user access rights on a regular basis by obtaining an access control matrix and approval from the user’s manager. An access control matrix is a table that shows the access rights and permissions of each user or role for each resource or function. An access control matrix helps to verify that the users have the minimum level of access required to perform their duties, and to identify any unauthorized or excessive access rights. Approval from the user’s manager helps to confirm that the user’s access rights are consistent with their current role and responsibilities, and to authorize any changes or exceptions as needed. References = Risk and Information Systems Control Study Manual, 7th Edition, Chapter 3, Section 3.2.2, page 1281

A risk map is a visual tool that helps to communicate risk to management by showing the likelihood and impact of different risks on a matrix1. A risk map can help to:

Identify the most critical risks that need immediate attention or action

Compare and prioritize risks based on their severity and probability

Align risk management strategies with the organization’s risk appetite and tolerance

Communicate risk information in a clear and concise way that is easy to understand and interpret2

References = Risk and Information Systems Control Study Manual, Chapter 5: Risk Assessment Process3