Isaca Updated CISM Exam Questions and Answers by sufyan

The main goal of a cybersecurity risk assessment is to gain visibility into the organization’s current security posture, identify vulnerabilities, evaluate threats, and understand the potential impact of various risks.

“Risk assessments provide an understanding of the organization’s threat landscape, asset vulnerabilities, and residual risk exposure.”

— CISM Review Manual 15th Edition, Chapter 2: Risk Assessment and Risk Identification*

While assessments support reporting and compliance, their primary role is situational awareness.

A key risk indicator (KRI) is a metric that provides an early warning of potential exposure to a risk. A KRI should be relevant, measurable, timely, and actionable. The most important factor in an organization’s selection of a KRI is the criticality of information, which means that the KRI should reflect the value and sensitivity of the information assets that are exposed to the risk. For example, a KRI for data breach risk could be the number of unauthorized access attempts to a database that contains confidential customer data. The criticality of information helps to prioritize the risks and focus on the most significant ones. References: https://www.isaca.org/credentialing/cism https://www.wiley.com/en-us/CISM+Certified+Information+Security+Manager+Study+Guide-p-9781119801948