Isaca Updated CISM Exam Questions and Answers by anika

According to the CISM Review Manual (Digital Version), Chapter 3, Section 3.2.1, Information owners are responsible for developing an information classification framework based on business needs1. They are also responsible for defining and maintaining the classification scheme, policies, and procedures for their information assets1.

The CISM Review Manual (Digital Version) also states that information owners should collaborate with other stakeholders, such as information security managers, information security steering committees, senior management, and legal counsel, to ensure that the classification framework is aligned with the organization’s objectives and complies with applicable laws and regulations1.

The CISM Exam Content Outline also covers the topic of information classification frameworks in Domain 3 — Information Security Program Development and Management (27% exam weight)2. The subtopics include:

3.2.1 Information Classification Frameworks

3.2.2 Information Classification Policies

3.2.3 Information Classification Procedures

3.2.4 Information Classification Training

I hope this answer helps you prepare for your CISM exam. Good luck! ????

Before drafting or enforcing policies, the first step is to evaluate the risks posed by employee use of social media. This may include data leakage, reputational damage, phishing, and legal liability.

Once risks are identified and understood in the organization’s context, policies can be developed that specifically address those risks. Acting prematurely without a risk assessment can lead to overly restrictive or insufficient policies.

“Security policies should be risk-driven. Understanding potential threats and impacts is the foundation for effective policy creation.”

— CISM Review Manual 15th Edition, Chapter 1: Information Security Governance, Section: Risk-Based Policy Development*

An incident response plan is a set of procedures and guidelines that define the roles and responsibilities of the incident response team, the steps to follow in the event of an incident, and the communication and escalation protocols to ensure timely and effective resolution of incidents. One of the essential components of an incident response plan is the criteria for escalation, which specify the conditions and thresholds that trigger the escalation of an incident to a higher level of authority or a different function within the organization. The criteria for escalation may depend on factors such as the severity, impact, duration, scope, and complexity of the incident, as well as the availability and capability of the incident response team. The criteria for escalation help to ensure that incidents are handled by the appropriate personnel, that management is kept informed and involved, and that the necessary resources and support are provided to resolve the incident. References =  https://blog.exigence.io/a-practical-approach-to-incident-management-escalation https://www.uc.edu/content/dam/uc/infosec/docs/Guidelines/Information_Security_Incident_Response_Escalation_Guideline.pdf

Escalate to senior management, because this could help the information security manager to inform the decision-makers of the situation, explain the implications and trade-offs, and seek their guidance and approval for the next steps2. However, this answer is not certain, and you might need to consider other factors as well.