Isaca Updated CISM Exam Questions and Answers by lucie

Assigning ownership is the best way to enable an effective information asset classification process, as it establishes the authority and responsibility for the information asset and its protection. The owner of the information asset should be involved in the classification process, as they have the best knowledge of the value, sensitivity, and criticality of the asset, as well as the impact of its loss or compromise. The owner should also ensure that the asset is properly labeled, handled, and secured according to its classification level. (From CISM Review Manual 15th Edition)

Binding Corporate Rules (BCRs) are legally enforceable and approved data protection policies used to facilitate compliance across multiple jurisdictions. Incorporating BCRs into a global agreement enables the organization to efficiently manage regulatory obligations across countries.

“Binding corporate rules offer a scalable and consistent mechanism to address cross-border compliance in global outsourcing agreements.”

— CISM Review Manual 15th Edition, Chapter 1: Governance, Section: Cross-Border Data Protection Considerations*

Creating separate agreements per country is inefficient and complex compared to centralized BCR-based governance.