Isaca Certification CGEIT Dumps PDF

Incident severity and downtime trend analysis is the most important result to report to the CIO to measure progress in improving system availability to mitigate IT risk to the business, because it directly reflects the impact and frequency of system failures or disruptions on the business operations, processes, and functions. By analyzing the severity and duration of incidents over time, the CIO can evaluate the effectiveness of the IT risk management and system availability strategies, and identify any gaps, issues, or opportunities for improvement. Incident severity and downtime trend analysis can also help the CIO to communicate the value and performance of the IT risk management and system availability initiatives to the business stakeholders, and justify any further investment or action required to achieve the desired outcomes.

The other options are not as important as incident severity and downtime trend analysis, because they are either too indirect or too subjective to measure progress in improving system availability to mitigate IT risk to the business. Probability and severity of each IT risk is a useful input for IT risk management, but it does not necessarily reflect the actual occurrence or impact of system failures or disruptions on the business1. Financial losses and bad press releases are possible consequences of system failures or disruptions, but they may not capture the full extent or root causes of the IT risk to the business2. Customer and stakeholder complaints over time are indicators of customer satisfaction and loyalty, but they may not be reliable or consistent measures of system availability or IT risk to the business

Enterprise growth plans should be the most important consideration during the development of a technology resource acquisition and management policy, because they define the vision, goals, and strategies of the start-up company and how technology can support them. A technology resource acquisition and management policy should align with the enterprise growth plans and ensure that the technology resources are acquired and managed in a way that enables the company to achieve its desired outcomes, such as increasing market share, enhancing customer satisfaction, improving operational efficiency, or creating innovative products or services. A technology resource acquisition and management policy should also consider the scalability, flexibility, and adaptability of the technology resources to accommodate the changing needs and demands of the company as it grows and evolves. A technology resource acquisition and management policy should also balance the costs and benefits of acquiring and managing technology resources and ensure that they deliver value to the company and its stakeholders.

References := Managing Technology as a Business Strategy, A Complete Guide To Strategic Technology Planning, Policy on IT Acquisition Strategies and Planning Under FITARA

Requesting an IT security assessment to identify the main security gaps is the IT governance board’s first course of action, as it helps to understand the root causes and the extent of the information security incidents that have affected the enterprise’s business reputation. An IT security assessment can also provide recommendations and best practices for improving thesecurity posture and reducing the risks of future incidents12. References := CGEIT Exam Content Outline, Domain 4, Subtopic B: IT Risk Management, Task 1: Ensure that an IT risk management framework exists to identify, analyze, mitigate, manage, monitor, and communicate IT-related business risk, and that the framework for IT risk management is in alignment with the enterprise risk management (ERM) framework.

Standards-based reference architecture and design specifications. A reference architecture is a set of principles, patterns, standards, and best practices that guide the design and implementation of IT solutions. A design specification is a detailed document that describes the technical requirements, features, and functionalities of an IT solution. By using standards-based reference architecture and design specifications, an enterprise can ensure that its IT infrastructure is aligned with its business needs and goals, and that it can support the integration, compatibility, and scalability of its IT systems and services. Some examples of standards-based reference architectures are: The Open Group Architecture Framework (TOGAF) 1, The Federal Enterprise Architecture Framework (FEAF) 2, and The Cloud Computing Reference Architecture (CCRA) 3.