CRISC PDF Dumps Real 2024 Recently Updated Questions [Q463-Q478]

Rate this post

CRISC PDF Dumps Real 2024 Recently Updated Questions

Released ISACA CRISC Updated Questions PDF

The CRISC certification is highly respected in the industry and can lead to career advancement opportunities in both the private and public sectors. It demonstrates a professional’s commitment to staying up-to-date with the latest trends and best practices in risk management and information systems control. By passing the exam, candidates can showcase their ability to identify and mitigate risks to their organization’s information systems, which is an essential element of successful business operations in today’s digital world.

Q463. There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to quantitative risk analysis process?

Risk management plan

Enterprise environmental factors

Cost management plan

Risk register

Explanation/Reference:
Explanation:
Enterprise environmental factor is not an input to the quantitative risk analysis process. The five inputs to the perform quantitative risk analysis process are: risk register, risk management plan, cost management plan, schedule management plan, and organizational process assets.
Incorrect Answers:
A, C, D: These are the valid inputs to the perform quantitative risk analysis process.

Q464. Which of the following would be the BEST way to help ensure the effectiveness of a data loss prevention (DLP) control that has been implemented to prevent the loss of credit card data?

Reviewing logs for unauthorized data transfers

Configuring the DLP control to block credit card numbers

Testing the transmission of credit card numbers

Testing the DLP rule change control process

Section: Volume D
Explanation/Reference: https://www.esecurityplanet.com/network-security/data-loss-prevention-dlp.html

Q465. An assessment of information security controls has identified ineffective controls. Which of the following should be the risk practitioner’s FIRST course of action?

Deploy a compensating control to address the identified deficiencies

Report the ineffective control for inclusion in the next audit report

Determine if the impact is outside the risk appetite

Request a formal acceptance of risk from senior management

Section: Volume D

Q466. When reviewing a report on the performance of control processes, it is MOST important to verify whether the:

business process objectives have been met.

control adheres to regulatory standards.

residual risk objectives have been achieved.

control process is designed effectively.

Q467. Which of the following BEST supports ethical IT risk management practices?

Robust organizational communication channels

Mapping of key risk indicators (KRIs) to corporate strategy

Capability maturity models integrated with risk management frameworks

Rigorously enforced operational service level agreements (SLAs)

Q468. Which of the following is the PRIMARY objective for automating controls?

Improving control process efficiency

Facilitating continuous control monitoring

Complying with functional requirements

Reducing the need for audit reviews

Q469. You are the project manager of GHT project. You have planned the risk response process and now you are about to implement various controls. What you should do before relying on any of the controls?

Review performance data

Discover risk exposure

Conduct pilot testing

Articulate risk

Explanation:
Pilot testing and reviewing of performance data to verify operation against design are done before
relying on control.

is incorrect. Articulating risk is the first phase in the risk response process to ensure
that information on the true state of exposures and opportunities are made available in a timely
manner and to the right people for appropriate response.
But it does not play any role in identifying whether any specific control is reliable or not.

is incorrect. Discovering risk exposure helps in identifying the severity of risk, but it
does not play any role in specifying the reliability of control.

Q470. Which of the following are true for quantitative analysis?
Each correct answer represents a complete solution. Choose three.

Determines risk factors in terms of high/medium/low.

Produces statistically reliable results

Allows discovery of which phenomena are likely to be genuine and which are merely chance occurrences

Allows data to be classified and counted

Section: Volume B
Explanation:
As quantitative analysis is data driven, it:
* Allows data classification and counting.
* Allows statistical models to be constructed, which help in explaining what is being observed.
* Generalizes findings for a larger population and direct comparisons between two different sets of data or observations.
* Produces statistically reliable results.
* Allows discovery of phenomena which are likely to be genuine and merely occurs by chance.
Incorrect Answers:
A: Risk factors are expressed in terms of high/medium/low in qualitative analysis, and not in quantitative analysis.

Q471. When an organization’s disaster recovery plan has a reciprocal agreement, which of the following risk treatment options is being applied?

Transfer

Avoidance

Acceptance

Mitigation

Section: Volume D

Q472. Which of the following is the MOST important factor when deciding on a control to mitigate risk exposure?

Comparison against best practice

Relevance to the business process

Regulatory compliance requirements

Cost-benefit analysis

Section: Volume D
Explanation/Reference:

Q473. You are the project manager of the GHY project for your company. This project has a budget of $543,000 and is expected to last 18 months. In this project, you have identified several risk events and created risk response plans. In what project management process group will you implement risk response plans?

Monitoring and Controlling

In any process group where the risk event resides

Planning

Executing

Explanation/Reference:
Explanation:
The monitor and control project risk process resides in the monitoring and controlling project management process group. This process is responsible for implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness through the project.
Incorrect Answers:
B: Risk response plans are implemented as part of the monitoring and controlling process group.
C: Risk response plans are not implemented as part of project planning.
D: Risk response plans are not implemented as part of project execution.

Q474. Which of the following would BEST ensure that identified risk scenarios are addressed?

Reviewing the implementation of the risk response

Creating a separate risk register for key business units

Performing real-time monitoring of threats

Performing regular risk control self-assessments

Q475. Which of the following is MOST important for maintaining the effectiveness of an IT risk register?

Removing entries from the register after the risk has been treated

Recording and tracking the status of risk response plans within the register

Communicating the register to key stakeholders

Performing regular reviews and updates to the register

Q476. You are the project manager of the QPS project. You and your project team have identified a pure risk.
You along with the key stakeholders, decided to remove the pure risk from the project by changing the project plan altogether. What is a pure risk?

It is a risk event that only has a negative side and not any positive result.

It is a risk event that is created by the application of risk response.

It is a risk event that is generated due to errors or omission in the project work.

It is a risk event that cannot be avoided because of the order of the work.

Explanation/Reference:
Explanation:
A pure risk has only a negative effect on the project. Pure risks are activities that are dangerous to complete and manage such as construction, electrical work, or manufacturing. It is a class of risk in which loss is the only probable result and there is no positive result.
Pure risk is associated to the events that are outside the risk-taker’s control.
Incorrect Answers:
B: The risk event created by the application of risk response is called secondary risk.
C: A risk event that is generated due to errors or omission in the project work is not necessarily pure risk.
D: This in not valid definition of pure risk.

Q477. You are the project manager of GHT project. Your project utilizes a machine for production of goods. This machine has the specification that if its temperature would rise above 450 degree Fahrenheit then it may result in burning of windings. So, there is an alarm which blows when machine’s temperature reaches 430 degree Fahrenheit and the machine is shut off for 1 hour. What role does alarm contribute here?

Of risk indicator

Of risk identification

Of risk trigger

Of risk response

Section: Volume D
Explanation:
Here in this scenario alarm indicates the potential risk that the rising temperature of machine can cause, hence it is enacting as a risk indicator.
Risk indicators are metrics used to indicate risk thresholds, i.e., it gives indication when a risk level is approaching a high or unacceptable level of risk. The main objective of a risk indicator is to ensure tracking and reporting mechanisms that alert staff about the potential risks.
Incorrect Answers:
B: The first thing we must do in risk management is to identify the areas of the project where the risks can occur. This is termed as risk identification. Listing all the possible risks is proved to be very productive for the enterprise as we can cure them before it can occur. In risk identification both threats and opportunities are considered, as both carry some level of risk with them.
C: The temperature 430 degrees in scenario is the risk trigger. A risk trigger is a warning sign or condition that a risk event is about to happen. As in this scenario the 430-degree temperature is the indication of upcoming risks, hence 430 degree temperature is a risk trigger.
D: Risk response is the action taken to reduce the risk event occurrence. Hence here risk response is shutting off of machine.

Q478. A peer review of a risk assessment finds that a relevant threat community was not included. Mitigation of the risk will require substantial changes to a software application. Which of the following is the BEST course of action?

Ask the business to make a budget request to remediate the problem.

Build a business case to remediate the fix.

Research the types of attacks the threat can present.

Determine the impact of the missing threat.

Loading …

The CRISC certification exam is ideal for individuals who are responsible for managing IT risks in their organizations, including IT and security professionals, risk management professionals, compliance professionals, and auditors. Certified in Risk and Information Systems Control certification validates the candidate’s knowledge and expertise in the areas of IT risk management, including the ability to identify, assess, and evaluate IT risks, develop and implement risk management strategies, and monitor and report on the effectiveness of risk management processes. The CRISC certification is highly respected in the industry and demonstrates a candidate’s commitment to professional development and excellence in the field of IT risk management.

CRISC Dumps and Practice Test (1196 Exam Questions): https://www.dumpstorrent.com/CRISC-exam-dumps-torrent.html

CRISC PDF Dumps Real 2024 Recently Updated Questions [Q463-Q478]

admin

Leave a Reply Cancel reply