Isaca Updated CISM Exam Questions and Answers by lowen

Comprehensive and Detailed Explanation = The impact on the risk culture is the greatest concern for the information security manager, because it reflects the attitude and behavior of the organization towards risk management. If management accepts an operational risk that compromises a critical monitoring process, it may indicate a lack of awareness, commitment, or accountability for risk management. This may erode the trust and confidence of the stakeholders, regulators, and customers, and expose the organization to further risks. The impact on compliance risk, the inability to determine short-term impact, and the deviation from risk management best practices are also important, but they are secondary to the impact on the risk culture.

References = CISM Review Manual 15th Edition, page 48. CISM Review Questions, Answers & Explanations Database - 12 Month Subscription, question ID 421.

The first course of action is to ensure the policy has been communicated to the system administrators (C). CISM governance principles require that policies be formally communicated and understood before enforcement or compliance assessment occurs. Conducting assessments (B) or training (A) is ineffective if administrators are not aware of the policy requirements. Effective governance follows a sequence: approval → communication → implementation → monitoring and enforcement. Communication ensures accountability and supports consistent adoption of security requirements.

 An information security post-incident review is a process that aims to identify the root causes, impacts, lessons learned, and improvement actions of a security incident. The highest priority during a post-incident review should be evaluating the effectiveness of the incident response, which means assessing how well the incident response plan, procedures, roles, resources, and communication were executed and aligned with the business objectives and requirements. Evaluating the incident response effectiveness can help to identify the gaps, weaknesses, strengths, and opportunities for improvement in the incident response process and capabilities. Documenting actions taken in sufficient detail, updating key risk indicators (KRIs), and evaluating the performance of incident response team members are also important activities during a post-incident review, but they are not as critical as evaluating the incident response effectiveness, which can provide a holistic and strategic view of the incident response maturity and value.

References =

ISACA, CISM Review Manual, 16th Edition, 2020, page 2411

ISACA, CISM Review Questions, Answers & Explanations Database - 12 Month Subscription, 2020, question ID 2192

During post-incident reviews, the highest priority should be given to evaluating the effectiveness of the incident response effort. This includes assessing the accuracy of the response to the incident, the timeliness of the response, and the efficiency of the response. It is important to assess the effectiveness of the response in order to identify areas for improvement and ensure that future responses can be more effective. Documenting the actions taken in sufficient detail, updating key risk indicators (KRIs), and evaluating the performance of incident response team members are all important components of a post-incident review, but evaluating incident response effectiveness should be given the highest priority.