Pass Using CRISC Exam Dumps

 A cloud access security broker (CASB) solution is the best way to enforce access control for an organization that uses multiple cloud technologies, as it provides a centralized and consistent platform to manage and monitor the access to various cloud services and applications. A CASB solution can help to implement and enforce the enterprise’s access policies and standards, as well as to detect and prevent unauthorized or malicious access attempts. Senior management support of cloud adoption strategies, creation of a cloud access risk management policy, and expansion of security information and event management (SIEM) to cloud services are not the best ways to enforce access control for an organization that uses multiple cloud technologies, as they do not provide the technical capabilities or tools to manage and monitor the access to various cloud services and applications. References = CRISC by Isaca Actual Free Exam Q&As, question 210; CRISC: Certified in Risk & Information Systems Control Sample Questions, question 210.

 IT risk management is the process of identifying, assessing, and mitigating the risks related to the use of information technology (IT) in the organization. IT risk management aims to ensure the confidentiality, integrity, and availability of IT resources and information, and to support the IT governance and strategy of the organization1.

The best indicator of the effectiveness of IT risk management processes is the time between when IT risk scenarios are identified and the enterprise’s response. This indicator can help to measure how quickly and efficiently the organization can detect and respond to the IT risks, and how well the organization can prevent or minimize the negative impacts of the IT risks. The time between when IT risk scenarios are identified and the enterprise’s response can include:

The time taken to identify and report the IT risk scenarios, using various methods and sources, such as risk assessments, audits, monitoring, alerts, or incidents

The time taken to analyze and evaluate the IT risk scenarios, using various tools and techniques, such as risk matrices, risk registers, risk indicators, or risk models

The time taken to select and implement the IT risk responses, using various strategies and controls, such as avoidance, mitigation, transfer, or acceptance

The time taken to review and improve the IT risk management processes, using various feedback and learning mechanisms, such as lessons learned, best practices, or benchmarks23

The other options are not the best indicators of the effectiveness of IT risk management processes, but rather some of the inputs or outputs of IT risk management processes. Percentage of business users completing risk training is an indicator of the awareness and competence of the IT users and providers, which can affect the IT risk management performance, but it does not measure the IT risk management processes directly. Percentage of high-risk scenarios for which risk action plans have been developed is an indicator of the completeness and coverage of the IT risk management activities, which can affect the IT risk management outcomes, but it does not measure the IT risk management processes directly. Number of key risk indicators (KRIs) defined is an indicator of the scope and complexity of the IT risk management objectives, whichcan affect the IT risk management resources and capabilities, but it does not measure the IT risk management processes directly. References =

IT Risk Management - ISACA

Risk Management Process - ISACA

Risk Response - ISACA

[CRISC Review Manual, 7th Edition]

A risk profile is a summary of the nature and level of risk that an organization faces. It includes information such as the sources, causes, and consequences of the risks, their likelihood and impact, their interrelationships and dependencies, and their alignment with the risk appetite and tolerance. A risk profile is influenced by various factors, such as the organization’s objectives, strategies, activities, processes, resources, capabilities, culture, etc. When defining a risk profile during the selection process for a new third party application, the stakeholder that is most important to include is the business process owner, who is the person who has the authority and responsibility for the design, execution, and performance of a business process. The business process owner can provide valuable input and insight into the requirements, expectations, and dependencies of the business process that will use the new third party application, and the potential risks and opportunities that may arise from the selection of the application. The business process owner can also help to prioritize and address the risks, and ensure that the risk profile is aligned with the business objectives and strategies. References = 5

Key performance indicators (KPIs) are metrics or measures that provide information on the progress and performance of an organization or a team toward an intended result orobjective. KPIs can help to monitor and evaluate the achievement of strategic, operational, or tactical goals, and to support the decision making and improvement of the organization or the team1.

Key control indicators (KCIs) are metrics or measures that provide information on the status and effectiveness of the controls or safeguards that are implemented to manage the risks or threats that an organization or a team faces. KCIs can help to identify and assess the strengths and weaknesses of the controls or safeguards, and to ensure the compliance and accountability of the organization or the team2.

The statement that best illustrates the relationship between KPIs and KCIs is that KPIs and KCIs both contribute to understanding of control effectiveness, because they can help to:

Measure and compare the actual and expected outcomes and impacts of the controls or safeguards, and to determine the gaps or deviations

Analyze and understand the causes and consequences of the gaps or deviations, and to identify the root problems or issues

Evaluate and report the performance and compliance of the controls or safeguards, and to communicate the results and feedback to the stakeholders

Improve and optimize the design and implementation of the controls or safeguards, and to enhance the efficiency and effectiveness of the risk management process34

The other statements do not illustrate the relationship between KPIs and KCIs accurately, but rather some of the differences or misconceptions between them. KPIs measure manual controls, while KCIs measure automated controls is a difference between KPIs and KCIs, but not a general one. KPIs and KCIs can measure both manual and automated controls, depending on the type and nature of the controls or safeguards.A robust KCI program will replace the need to measure KPIs is a misconception about KPIs and KCIs, as they are not mutually exclusive or substitutable. KPIs and KCIs complement and support each other, as they provide different but related information on the performance and risk management of the organization or the team. KCIs are applied at the operational level while KPIs are at the strategic level is a difference between KPIs and KCIs, but not a universal one. KPIs and KCIs can be applied at different levels of the organization or the team, depending on the scope and purpose of the measurement and evaluation. References =

Key Performance Indicator (KPI): Definition, Types, and Examples

Key Control Indicators - ISACA

Key Control Indicators: What They Are and How to Use Them

Key Performance Indicators vs. Key Control Indicators: What’s the Difference?

[CRISC Review Manual, 7th Edition]