Isaca CISM Questions Answers

 Performing a risk assessment is the best approach to determine how to protect newly acquired data assets prior to integration, as it will help to identify the threats, vulnerabilities, impacts, and likelihoods of the data assets, and to prioritize the appropriate risk treatment options. Including security requirements in the contract is a good practice, but it may not be sufficient to address the specific risks of the data assets. Assessing security controls and reviewing data architecture are also important steps, but they should be done after performing a risk assessment, as they will depend on the risk level and the risk app

The best approach to determine how to protect newly acquired data assets prior to integration is to perform a risk assessment. A risk assessment will identify the various threats and vulnerabilities associated with the data assets and help the organization develop an appropriate security strategy. This risk assessment should include an assessment of the security controls in place to protect the data, a review of the data architecture, and a review of any contractual requirements related to security.

 The most important factor to ensuring information stored by an organization is protected appropriately is assigning information asset ownership. Information asset ownership is the process of identifying and assigning the roles and responsibilities of the individuals or groups who have the authority and accountability for the information assets and their protection. Information asset owners are responsible for defining the business value, classification, and security requirements of the information assets, as well as granting the access rights and privileges to the information users and custodians. Information asset owners are also responsible for monitoring and reviewing the security performance and compliance of the information assets, and reporting and resolving any security issues or incidents. By assigning information asset ownership, the organization can ensure that the information assets are properly identified, categorized, protected, and managed according to their importance, sensitivity, and regulatory obligations.

References = CISM Review Manual, 16th Edition, Chapter 1: Information Security Governance, Section: Data Classification, page 331; CISM Review Questions, Answers & Explanations Manual, 10th Edition, Question 62, page 572.

Security performance metrics are quantitative or qualitative measures that indicate the effectiveness and efficiency of the information security program in achieving the organization’s security goals and objectives. Measuring security performance metrics against business objectives is the best indication that an organization has integrated information security governance with corporate governance, as it demonstrates that the security program is aligned with and supports the business strategy, value delivery, and risk management. (From CISM Review Manual 15th Edition)

 Standards are detailed statements of the minimum requirements for hardware, software, or security configurations. They are used to define the minimum security controls required for user workstations. References = CISM Review Manual, 16th Edition, page 69.