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  1. Home
  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2022-04-29.q944 Dumps
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Question 616

Your company is covered under a liability insurance policy, which provides various liability coverage for information security risks, including any physical damage of assets, hacking attacks, etc. Which of the following risk management techniques is your company using?

Correct Answer: A
is incorrect. Risk mitigation is the practice of reducing the severity of the loss or the likelihood of the loss from occurring. Answer: C is incorrect. Risk avoidance is the practice of not performing an activity that could carry risk. Avoidance may seem the answer to all risks, but avoiding risks also means losing out on the potential gain that accepting (retaining) the risk may have allowed. Answer: B is incorrect. Risk acceptance is the practice of accepting certain risk(s), typically based on a business decision that may also weigh the cost versus the benefit of dealing with the risk in another way.
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Question 617

Which of the following activities would BEST facilitate effective risk management throughout the organization?

Correct Answer: C
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Question 618

Which of the following considerations should be taken into account while selecting risk indicators that ensures greater buy-in and ownership?

Correct Answer: D,E
is incorrect. Lead indicators indicate which capabilities are in place to prevent events from occurring. They do not play any role in ensuring greater buy-in and ownership. Answer: A is incorrect. Role of lag indicators is to ensure that risk after events have occurred is being indicated. Answer: C is incorrect. Root cause is considered while selecting risk indicator but it does not ensure greater buy-in or ownership.
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Question 619

You are the project manager of the GHY Project for your company. You need to complete a project management process that will be on the lookout for new risks, changing risks, and risks that are now outdated. Which project management process is responsible for these actions?

Correct Answer: B
is incorrect. Risk analysis helps determine the severity of the risk events, the risks'
priority, and the probability and impact of risks.
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Question 620

An organization has outsourced its lease payment process to a service provider who lacks evidence of compliance with a necessary regulatory standard. Which risk treatment was adopted by the organization?

Correct Answer: A
Section: Volume D
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