Isaca Updated CRISC Exam Questions and Answers by indy

 Understanding the Question:

The question asks what best enables the integration of IT risk management across an organization.

 Analyzing the Options:

A. Enterprise risk management (ERM) framework:Provides a comprehensive approach to integrating risk management across the entire organization.

B. Enterprise-wide risk awareness training:Important for education but doesn't ensure integration.

C. Robust risk reporting practices:Crucial for communication but not integration.

D. Risk management policies:Necessary but need to be part of an overall framework for effective integration.



ERM Framework:An ERM framework ensures that risk management practices are standardized and integrated throughout the organization. It aligns risk management with business objectives, ensuring that IT risk is considered within the broader context of enterprise risk.

Comprehensive Approach:ERM covers all aspects of risk, including IT, and facilitates a unified approach to managing risk across all departments and levels.

The person or entity who should be primarily responsible for performing user entitlement reviews is the data owner. A user entitlement review is a process that verifies and validates the access rights and privileges of the users to the data and resources in the IT environment. A user entitlement review helps to ensure that the users have the appropriate and necessary access to perform their roles and functions, and to prevent or detect any unauthorized or inappropriate access. A data owner is the person or entity that has the authority and responsibility to define, classify, and protect the data and resources in the IT environment. A data owner helps to perform user entitlement reviews, because they help to establish and enforce the access policies and standards for the data and resources, and to approve or revoke the access requests and changes for the users. A data owner also helps to monitor and report on the access performance and compliance for the data and resources, and to identify and address any issues or gaps in the access management activities. The other options are not the primary responsible party for performing user entitlement reviews, although they may be involved in the process. IT security manager, IT personnel, and data custodian are all examples of roles or functions that can help tosupport or implement the user entitlement reviews, but they do not necessarily have the authority or responsibility to define, classify, or protect the data and resources. References = Risk and Information Systems Control Study Manual, Chapter 5, Section 5.2.1, page 5-14.

The most critical factor to consider when determining an organization’s risk appetite is the management culture. The management culture reflects the values, beliefs, and attitudes of the senior management and the board of directors toward risk management. The management culture influences how the organization defines, communicates, and implements its risk appetite and tolerance. Fiscal management practices, business maturity, and budget for implementing security are other factors that may affect the risk appetite, but they are not as critical as the management culture. References = ISACA Certified in Risk andInformation Systems Control (CRISC) Certification Exam Question and Answers, question 8; CRISC Review Manual, 6th Edition, page 97.

Providing assurance on risk management processes is the activity that should only be performed by the third line of defense, because it is the role and responsibility of the independent andobjective assurance function, such as internal audit or external audit, to evaluate and report on the effectiveness and efficiency of the risk management processes and controls. The third line of defense is the last layer of the three lines of defense model, which is a framework that defines the roles and responsibilities of different functions and levels within the organization for risk management and control. The first line of defense is the operational management and staff, who are responsible for identifying, assessing, and managing the risks and controls within their areas of responsibility. The second line of defense is the oversight and support functions, such as risk management, compliance, or legal, who are responsible for establishing and monitoring the risk policies, standards, and frameworks, and providing guidance and advice to the first line of defense. The third line of defense is the assurance function, who are responsible for providing independent and objective assurance on the adequacy and effectiveness of the risk management processes and controls, and reporting to the senior management and the board of directors. Operating controls for risk mitigation, testing the effectiveness and efficiency of internal controls, and recommending risk treatment options are all activities that can be performed by the first or second line of defense, but not by the third line of defense, as they are not part of the assurance function. References = Risk and Information Systems Control Study Manual, Chapter 2, Section 2.4.1, page 59