Isaca Updated CISM Exam Questions and Answers by elysia

The information security manager should first consult with the business owner to understand the business needs and objectives for using the new cloud application, and to discuss the possible alternatives or compensating controls that can mitigate the risk. Updating the risk register, restricting application network access, or including security requirements in the contract are possible actions to take after consulting with the business owner.

References = CISM Review Manual, 16th Edition eBook1, Chapter 1: Information Security Governance, Section: Risk Management, Subsection: Risk Treatment, Page 49.

= After a breach where the risk has been isolated and forensic processes have been performed, the next step should be to rebuild the server from the last verified backup. This will ensure that the server is restored to a known and secure state, and that any malicious code or data that may have been injected or compromised by the attacker is removed. Rebuilding the server from the original media may not be sufficient, as it may not include the latest patches or configurations that were applied before the breach. Placing the web server in quarantine or shutting it down may not be feasible or desirable, as it may disrupt the business operations or services that depend on the server. Rebuilding the server from the last verified backup is the best option to resume normal operations while maintaining security. References =

CISM Review Manual 15th Edition, page 118: “Recovery is the process of restoring normal operations after an incident. Recovery activities may include rebuilding systems, restoring data, applying patches, changing passwords, and testing functionality.”

Data Breach Experts Share The Most Important Next Step You Should Take After A Data Breach in 2014 & 2015, snippet: “Restore from backup. If you have a backup of your system from before the breach, wipe your system clean and restore from backup. This will ensure that any backdoors or malware installed by the hackers are removed.”

The next step for the information security manager should be to inventory and review the current security policies to understand the existing security requirements, controls, and gaps. This will help to identify the areas that need to be updated, revised, or replaced to align with the current business needs and objectives, as well as the legal and regulatory requirements. Updating the policies in accordance with the best business practices, performing a risk assessment of the current IT environment, or gaining an understanding of the current business direction are important activities, but they should be done after reviewing the current security policies.

References = CISM Review Manual, 16th Edition eBook1, Chapter 1: Information Security Governance, Section: Information Security Policies, Standards, Procedures and Guidelines, Subsection: Information Security Policies, Page 28.

Comprehensive and Detailed Explanation = The risk owner is the person or entity with the accountability and authority to manage a risk. The risk owner should have the decision-making authority and the ability to allocate resources for risk treatment and related control activities. The risk owner should also be responsible for monitoring and reporting on the risk, but these are not the most important considerations when assigning a risk owner. The risk owner may not have adequate knowledge of risk treatment and related control activities, but can delegate or consult with experts as needed. The risk owner should also have sufficient time for managing the risk effectively, but this is not a prerequisite for assigning a risk owner.

References =

CISM Review Manual 15th Edition, page 76

CISM Practice Quiz, question 4171