Isaca Updated CISM Exam Questions and Answers by lowen

 = Risk appetite is the amount and type of risk that an organization is willing to accept in pursuit of its objectives. It is a key factor that influences the information security strategy and objectives, as well as the selection and implementation of security controls. Risk appetite must be defined in order for an information security manager to evaluate the appropriateness of controls currently in place, as it provides the basis for determining whether the controls are sufficient, excessive, or inadequate to address the risks faced by the organization. The information security manager should align the controls with the risk appetite of the organization, ensuring that the controls are effective, efficient, and economical. References = CISM Review Manual 15th Edition, page 29, page 31.

The best way to achieve compliance with new global regulations related to the protection of personal information is to determine the current and desired state of controls, as this helps the information security manager to identify the gaps and requirements for compliance, and to prioritize and implement the necessary actions and measures to meet the regulatory standards. The current state of controls refers to the existing level of protection and compliance of the personal information, while the desired state of controls refers to the target level of protection and compliance that is required by the new regulations. By comparing the current and desired state of controls, the information security manager can assess the maturity and effectiveness of the information security program, and plan and execute a risk treatment plan to address the risks and issues related to the protection of personal information. Executing a risk treatment plan, reviewing contracts and statements of work (SOWs) with vendors, and implementing data regionalization controls are also important, but not as important as determining the current and desired state of controls, as they are dependent on the outcome of the gap analysis and the risk assessment, and may not be sufficient or appropriate to achieve compliance with the new regulations. References = CISM Review Manual 2023, page 491; CISM Review Questions, Answers & Explanations Manual 2023, page 352; ISACA CISM - iSecPrep, page 203

= The information security manager’s first course of action in this situation should be to conduct a risk assessment, which is a process of identifying, analyzing, and evaluating the information security risks that arise from the violation of the policy prohibiting the use of cameras at the office. The risk assessment can help to determine the likelihood and impact of the unauthorized or inappropriate use of the cameras on the smartphones and tablet computers, such as capturing, transmitting, or disclosing sensitive or confidential information, compromising the privacy or security of the employees, customers, or partners, or violating the legal or regulatory requirements. The risk assessment can also help to identify and prioritize the appropriate risk treatment options, such as implementing technical, administrative, or physical controls to disable, restrict, or monitor the camera usage, enforcing the policy compliance and awareness, or revising the policy to reflect the current business needs and environment. The risk assessment can also help to communicate and report the risk level and status to the senior management and the relevant stakeholders, and to provide feedback and recommendations for improvement and optimization of the policy and the risk management process.

Revising the policy, performing a root cause analysis, and communicating the acceptable use policy are all possible courses of action that the information security manager can take after conducting the risk assessment, but they are not the first ones. Revising the policy is a process of updating and modifying the policy to align with the business objectives and strategy, to address the changes and challenges in the business and threat environment, and to incorporate the feedback and suggestions from the risk assessment and the stakeholders. Performing a root cause analysis is a process of investigating and identifying the underlying causes and factors that led to the violation of the policy, such as the lack of awareness, training, or enforcement, the inconsistency or ambiguity of the policy, or the conflict or gap between the policy and the business requirements or expectations. Communicating the acceptable use policy is a process of informing and educating the employees and the other users of the smartphones and tablet computers about the purpose, scope, and content of the policy, the roles and responsibilities of the users, the benefits and consequences of complying or violating the policy, and the methods and channels of reporting or resolving any policy issues or incidents. References = CISM Review Manual 15th Edition, pages 51-531; CISM Practice Quiz, question 1482

= A tabletop exercise is the best type of exercise for an incident response team at the first drill, as it is a low-cost, low-risk, and high-value method to test and evaluate the incident response plan, procedures, roles, and capabilities. A tabletop exercise is a simulation of a realistic scenario that involves a security incident, and requires the participation and discussion of the incident response team members and other relevant stakeholders. The tabletop exercise allows the incident response team to identify and address the gaps, issues, or challenges in the incident response process, and to improve the communication, coordination, and collaboration among the team members and other parties. The tabletop exercise also helps to enhance the knowledge, skills, and confidence of the incident response team members, and to prepare them for more complex or advanced exercises or real incidents.

A red team exercise (A) is a type of exercise that involves a group of ethical hackers or security experts who act as adversaries and attempt to compromise the organization’s security defenses, systems, or processes. A red team exercise is a high-cost, high-risk, and high-value method to test and evaluate the security posture and resilience of the organization, and to identify and exploit the security weaknesses or vulnerabilities. However, a red team exercise is not the best type of exercise for an incident response team at the first drill, as it is more suitable for a mature and experienced team that has already tested and validated the incident response plan, procedures, roles, and capabilities.

A black box penetration test (B) is a type of security testing that simulates a malicious attack on the organization’s systems or processes, without any prior knowledge or information about them. A black box penetration test is a high-cost, high-risk, and high-value method to test and evaluate the security posture and resilience of the organization, and to identify and exploit the security weaknesses or vulnerabilities. However, a black box penetration test is not the best type of exercise for an incident response team at the first drill, as it is more suitable for a mature and experienced team that has already tested and validated the incident response plan, procedures, roles, and capabilities.

A disaster recovery exercise © is a type of exercise that simulates a catastrophic event that disrupts or destroys the organization’s critical systems or processes, and requires the activation and execution of the disaster recovery plan, procedures, roles, and capabilities. A disaster recovery exercise is a high-cost, high-risk, and high-value method to test and evaluate the disaster recovery posture and resilience of the organization, and to identify and address the recovery issues or challenges. However, a disaster recovery exercise is not the best type of exercise for an incident response team at the first drill, as it is more suitable for a mature and experienced team that has already tested and validated the incident response plan, procedures, roles, and capabilities.

References = CISM Review Manual, 16th Edition, Chapter 4: Information Security Incident Management, Section: Incident Response Plan, Subsection: Testing and Maintenance, page 184-1851