Isaca Updated CRISC Exam Questions and Answers by mario

An IT risk awareness program shouldprimarily ensure that employees and stakeholders understand and comply with the organization's risk and information security policies. ISACA highlights that an awareness program must reinforce policy understanding to drive compliant and secure behavior across the organization.

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The primary reason for sharing risk assessment reports with senior stakeholders is to support decision-making for risk response. Risk assessment reports are documents that summarize the results of the risk assessment process, such as the risk sources, causes, impacts, likelihood, and levels. Risk assessment reports also provide recommendations for risk response options, such as avoiding, reducing, transferring, or accepting the risk. Sharing risk assessment reports with senior stakeholders helps to inform them of the current risk situation, and to solicit their input, feedback, or approval for the risk response actions. The other options are not the primary reason for sharing risk assessment reports, although they may be secondary reasons or outcomes. References = Risk and Information Systems Control Study Manual, Chapter 4, Section 4.2.1, page 4-13.

The risk associated with the loss of company data stored on personal devices is that the data may be accessed, disclosed, or modified by unauthorized parties, resulting in confidentiality, integrity, or availability breaches1. The most effective way to mitigate this risk is to enforce authentication and data encryption on the personal devices that store company data. Authentication is a process that verifies the identity of the user or device that is accessing the data, and prevents unauthorized access by requiring a password, a code, a biometric factor, or a combination of these2. Data encryption is a technique that transforms the data into an unreadable format, and requires a key to decrypt and restore the data to its original format3. By enforcing authentication and data encryption on the personal devices, the organization can ensure that only authorized users or devices can access the company data, and that the data is protected from unauthorized disclosure or modification even if the device is lost or stolen4. An acceptable use policy for personal devices, required user log-on before synchronizing data, and security awareness training and testing are not the most effective ways to mitigate the risk associated with the loss of company data stored on personal devices, as they do not provide the same level of protection asauthentication and data encryption. An acceptable use policy for personal devices is a document that defines the rules and guidelines for using personal devices for work purposes, such as the types of devices, data, and applications that are allowed, the security measures that are required,and the responsibilities and liabilities of the users and the organization5. An acceptable use policy for personal devices can help to establish acommon understanding and expectation for the use of personal devices, but it does not enforce or guarantee the compliance or effectiveness of the security measures. Required user log-on before synchronizing data is a technique that requires the user to enter their credentials before they can transfer or update the data between their personal device and the company network or system6. Required user log-on before synchronizing data can help to prevent unauthorized synchronization of data, but it does not protect the data that is already stored on the personal device. Security awareness training and testing is a process that educates and evaluates the users on the security risks and best practices for using personal devices for work purposes, such as the importance of using strong passwords, updating software, avoiding phishing emails, and reporting incidents7. Security awareness training and testing can help to increase the knowledge and behavior of the users, but it does not ensure or monitor the implementation or performance of the security measures. References = 1: BYOD security: What are the risks and how can they be mitigated?2: What is Multi-Factor Authentication (MFA)? | Duo Security3: [What is Data Encryption? | Definition and FAQs] 4: How to mitigate the risks of using personal devices in the workplace5: BYOD Policy Template - GetFree Sample6: How to Sync Your Phone With Windows 10 | PCMag7: Security Awareness Training: What Is It and Why Is It Important?

The most important thing to include in a risk assessment of an emerging technology is the impact and likelihood ratings of the risks associated with the technology. Impact and likelihood ratings are the measures of the potential consequences and probabilities of the risk events that could affect the achievement of the enterprise’s objectives. Impact and likelihood ratings can help to evaluate the level andnature of the risk exposure, and to prioritize the risks for further analysis and response. Impact and likelihood ratings can also help to communicate the risk profile and appetite of the enterprise, and to support the risk-based decision making. Risk response plans, risk and control ownership, and key controls are not as important as impact and likelihood ratings, as they are the outputs or outcomes of the risk assessment process, and not the inputs or components of the risk assessment process. References = CRISC Review Manual, 6th Edition, ISACA, 2015, page 49.