Isaca Updated CRISC Exam Questions and Answers by harlow

The next step is toidentify risk response optionsto address the noncompliance and mitigate its impact. This may include corrective actions, implementing controls, or negotiating terms to reduce exposure.

Validation of risk analysis results ensures the data is accurate, reliable, and can be trusted for making informed decisions. It minimizes the risk of acting on flawed insights.

Real-time monitoring is adetective control, as it is designed to identify and report suspicious or unauthorized activities as they occur. Detective controls provide feedback to mitigate ongoing risks and serve as an integral part of incident response plans.

 Robust organizational communication channels are the best way to support ethical IT risk management practices, as they enable transparent and consistent sharing of risk information anddecisions among all stakeholders. Ethical IT risk management requires that the risk management process and outcomes are aligned with the enterprise’s values, objectives, and obligations, and that the risk management activities are conducted with integrity, accountability, and respect. Robust organizational communication channels facilitate these aspects by ensuring that the risk management roles and responsibilities are clearly defined and communicated, that the risk management policies and procedures are widely disseminated and understood, that the risk management performance and results are regularly reported and reviewed, and that the risk management feedback and improvement suggestions are solicited and addressed. Mapping of key risk indicators (KRIs) to corporate strategy, capability maturity models integrated with risk management frameworks, and rigorously enforced operational service level agreements (SLAs) are not directly related to ethical IT risk management practices, but rather to the effectiveness and efficiency of the risk management process. References = CRISC Certified in Risk and Information Systems Control – Question201; ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, question 201.