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  1. Home
  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2024-06-22.q384 Dumps
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Question 146

Which of the following is the MOST critical element to maximize the potential for a successful security implementation?

Correct Answer: B
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Question 147

Suppose you are working in Company Inc. and you are using risk scenarios for estimating the likelihood and impact of the significant risks on this organization. Which of the following assessment are you doing?

Correct Answer: C
Section: Volume C
Explanation:
Threat and vulnerability assessment consider the full spectrum of risks. It identifies the likelihood of occurrence of risks and impact of the significant risks on the organization using the risk scenarios. For example: Natural threats can be evaluated by using historical data concerning frequency of occurrence for given natural disasters such as tornadoes, hurricanes, floods, fire, etc.
Incorrect Answers:
A, B: These use either some technical evaluation tool or assessment methodologies to evaluate risk but do not use risk scenarios.
D: Risk assessment uses quantitative and qualitative analysis approaches to evaluate each significant risk identified.
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Question 148

Which of the following would MOST likely result in updates to an IT risk appetite statement?

Correct Answer: B
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Question 149

You are working on a project in an enterprise. Some part of your project requires e-commerce, but your enterprise choose not to engage in e-commerce. This scenario is demonstrating which of the following form?

Correct Answer: A
is incorrect. Risk transfer/sharing means reducing either risk frequency or impact by transferring or otherwise sharing a portion of the risk. Common techniques include insurance and outsourcing. These techniques do not relieve an enterprise of a risk, but can involve the skills of another party in managing the risk and reducing the financial consequence if an adverse event occurs. Answer: B is incorrect. Risk treatment means that action is taken to reduce the frequency and impact of a risk. Answer: C is incorrect. Acceptance means that no action is taken relative to a particular risk, and loss is accepted when/if it occurs. This is different from being ignorant of risk; accepting risk assumes that the risk is known, i.e., an informed decision has been made by management to accept it as such.
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Question 150

Of the following, who is accountable for ensuing the effectiveness of a control to mitigate risk?

Correct Answer: D
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