ISACA CRISC Dumps

It assigns numeric values to exposures of assets.

It requires more resources than other methods

It produces the results in numeric form.

It is based on impact analysis of information assets

Monitoring risk responses

Applying risk treatments

Providing assurance of control effectiveness

Implementing internal controls

develop a comprehensive risk mitigation strategy

develop understandable and realistic risk scenarios

identify root causes for relevant events

perform an aggregated cost-benefit analysis

Communicate potential impact to decision makers.

Research the root cause of similar incidents.

Verify the response plan is adequate.

Increase human resources to respond in the interim.

To determine the likelihood and impact of threats to business operations

To identify important business processes in the organization

To estimate resource requirements for related business processes

To evaluate the priority of business operations in case of disruption

Risk manager

Data owner

End user

IT department

Ability to determine business impact

Up-to-date knowledge on risk responses

Decision-making authority for risk treatment

Awareness of emerging business threats

mapping residual risk with cost of controls

comparing against regulatory requirements

comparing industry risk appetite with the organization's.

understanding the organization's risk appetite.

inquire about the status of any planned corrective actions

keep monitoring the situation as there is evidence that this is normal

adjust the risk threshold to better reflect actual performance

initiate corrective action to address the known deficiency

Adopt the RTO defined in the BCR

Update the risk register to reflect the discrepancy.

Adopt the RTO defined in the DRP.

Communicate the discrepancy to the DR manager for follow-up.