Isaca Updated CRISC Exam Questions and Answers by kaiden

The correct answer is C . A KPI should measure whether the vendor risk management process is performing as intended. Continuous monitoring and remediation within defined timeframes directly measure whether vendor issues are being detected and corrected before they become repeat breaches. The uploaded CRISC notes state that ongoing third-party oversight is an effective monitoring process to ensure a third party performs according to contract requirements. They also state that periodic auditing is effective for ensuring third-party compliance.

A, B, and D are useful but narrow. C best measures the program’s operating effectiveness across vendors.

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 A risk portfolio is a collection of risks that an organization faces or may face in the future. Analyzing trends in key control indicators (KCIs) best enables a risk practitioner to proactively identify impacts on an organization’s risk portfolio, as KCIs measure and monitor the performance and effectiveness of the risk controls that are implemented to mitigate the risks. By analyzing the trends in KCIs, a risk practitioner can assess the current and potential risk exposure of the organization, and identify any changes or emerging risks that may affect the risk portfolio. Analyzing trends in KCIs can also help to evaluate the cost and benefit of the risk controls, and to determine the need for enhancing, modifying, or implementing new controls. References = CRISC: Certified in Risk & Information Systems Control Sample Questions, Question 246. Most Asked CRISC Exam Questions and Answers, Question 10. ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, Question 246. CRISC by Isaca Actual Free Exam Q & As, Question 9.

Backups are the best control to mitigate the impact of a failed IT system upgrade project that has resulted in the corruption of an organization’s asset inventory database, as they allow theorganization to restore the data from a previous state and resume normal operations. Encryption, authentication, and configuration are not the best controls, as they do not address the data corruption issue, but rather the datasecurity, access, and quality issues, respectively. References = CRISC Review Manual, 7th Edition, page 153.

The risk owner is listed as the department responsible for decision making would pose the greatest concern for a risk practitioner who is reviewing accountability assignments for data risk in the risk register, as it indicates a lack of clarity and specificity on who is accountable for the risk and its response. The risk owner should be an individual, not a department, who has the authority and responsibility to manage the risk and its associated controls. The other options are not the greatest concern, as they do not necessarily imply a lack of accountability, but rather a possible difference in roles and responsibilities between the risk owner and the control owner, the business unit and the IT department, or the staff member and the department manager. References = CRISC Review Manual, 7th Edition, page 101.