Isaca Updated CISM Exam Questions and Answers by yaseen

Performing comprehensive risk assessments (B) throughout the life of a third-party contract is the most critical activity because risk posture changes over time due to evolving threats, business changes, or control degradation. CISM emphasizes that third-party risk is not static and must be continuously assessed to ensure ongoing alignment with risk appetite. Disaster recovery testing (A) and SLA updates (C) are important but limited in scope. Financial reviews (D) focus on cost rather than security risk. Periodic risk assessments enable timely identification of new risks and ensure appropriate mitigation or escalation.

The best way to ensure that relevant controls are applied to a project is to involve information security at each stage of project management. This will help to identify and address the security risks and requirements of the project from the beginning, and to integrate security controls into the project design, development, testing, and implementation. This will also help to avoid adding unnecessary or ineffective controls post-production, which can increase the project cost and complexity, and reduce the project performance and quality. By involving information security at each stage of project management, the information security manager can ensure that the project delivers the expected security value and aligns with the organization’s security strategy and objectives. References = CISM Review Manual 15th Edition, page 41.

The best step to address the situation of losing a smartphone that contains sensitive information is to remotely wipe the device, which means erasing all the data on the device and restoring it to factory settings. Remotely wiping the device can prevent unauthorized access to the sensitive information and protect the organization from data breaches or leaks. Remotely wiping the device can be done through services such as Find My Device for Android or Find My iPhone for iOS, or through mobile device management (MDM) solutions. The other options, such as disabling the user’s access, terminating the device connectivity, or escalating to the user’s management, may not be effective or timely enough to secure the sensitive information on the device. References:

https://www.security.org/resources/protect-data-lost-device/

https://support.google.com/android/answer/6160491?hl=en

https://www.pcmag.com/how-to/locate-lock-erase-how-to-find-lost-android-phone