Isaca Updated CGEIT Exam Questions and Answers by avery

 A cost-benefit analysis (CBA) is a process that’s used to estimate the costs and benefits of projects or investments to determine their profitability for an organization. A CBA is a versatile method that’s often used for business administration, project management and public policy decisions1. A CBA can help the CIO prioritize the improvement initiatives based on theirexpected value and feasibility, and justify the allocation of resources and funding for them. A CBA can also align the IT goals with the enterprise objectives and demonstrate the IT value delivery to the stakeholders2. References :=

2: CGEIT Exam Content Outline | ISACA

1: Cost-Benefit Analysis: A Quick Guide with Examples and Templates

When operating in a jurisdiction withstrict privacy regulations, the first and most effective step is toconsult the legal and compliance department. They can provide guidance to ensure full compliance with local laws, such as GDPR or other data protection mandates, reducing the risk of regulatory non-compliance.

While revising policies or implementing technical controls (e.g., SIEM, KRIs) is useful, legal compliance is foundational and dictates how other controls should be shaped.

 The next course of action in response to the CIO’s concern is to assess the risk associated with the device. This means that the CIO should evaluate the potential impact and likelihood of security threats posed by the device, such as data leakage, unauthorized access, malware infection, or privacy violation. The CIO should also consider the benefits and drawbacks of allowing or banning such devices, such as productivity, innovation, user satisfaction, or compliance. A risk assessment can help the CIO to make an informed decision based on facts and evidence, rather than assumptions or emotions. A risk assessment can also provide a basis for defining a risk mitigation strategy, updating the acceptable use policy, or researchingcompetitor usage of similar devices. References := 10 security risks of wearables | CSO Online, Wearable Devices are on the Rise, Presenting New Security Risks, Common privacy and security vulnerabilities in wearable devices, Wearables Device Data Security & Protection | Voler Systems

A periodic service provider audit is a process of conducting an independent and objective assessment of the service provider’s performance, quality, compliance, and security in relation to the agreed service level agreement (SLA) and the enterprise’s expectations and requirements. A periodic service provider audit can help provide quality of service oversight by:

Verifying and validating the service provider’s claims and credentials, and ensuring that they meet the contractual obligations and standards

Identifying and evaluating the strengths, weaknesses, opportunities, and threats of the service provider’s services, processes, and controls

Detecting and reporting any issues, gaps, or risks that may affect the quality of service delivery or the enterprise’s objectives and value

Recommending and implementing corrective and preventive actions to address and resolve the issues, gaps, or risks

Monitoring and measuring the outcomes and effectiveness of the corrective and preventive actions, and ensuring their alignment with the SLA