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Exam (elaborations)

CRISC 2024 Exam Practice Questions and Answers (100% Pass)

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CRISC 2024 Exam Practice Questions and Answers (100% Pass)CRISC 2024 Exam Practice Questions and Answers (100% Pass) IT Risk Management Life Cycle - Answer️️ -1 Identification, 2 Assessment, 3 Response/Mitigation, 4 Reporting Risk Capacity - Answer️️ -The objective amount of loss an ente...

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  • August 18, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CRISC
  • CRISC
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OliviaWest
©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM



CRISC 2024 Exam Practice Questions and Answers (100% Pass)


IT Risk Management Life Cycle - Answer✔️✔️-1 Identification, 2 Assessment, 3

Response/Mitigation, 4 Reporting


Risk Capacity - Answer✔️✔️-The objective amount of loss an enterprise can tolerate


Risk Acceptance must not exceed - Answer✔️✔️-Risk Capacity


Risk Appetite - Answer✔️✔️-the amount of risk that the entity is willing to accept.

Set by BoD CEO


Risk Tolerance - Answer✔️✔️-acceptable level of variation that management is

willing to allow for a particular risk (budget variance)


Volitality - Answer✔️✔️-Unpredictability, the degree the environment changes from

one moment to another


Velocity and Proximity - Answer✔️✔️-Amount of time between the warning and

impact


Motivation - Answer✔️✔️-The level of desire for the attacker


Skill - Answer✔️✔️-The ability of the attacker




1

, ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


Visability - Answer✔️✔️-The extent to which a vulnerability is know to attackers


Access Risk - Answer✔️✔️-Loss of data confidentiality - Data exposure


Availability Risk - Answer✔️✔️-Risk that data or service would not be available

when needed


Infrastructure Risk - Answer✔️✔️-Risk that the infrastructure cannot meet the

current or future needs of the business.


Integrity Risk - Answer✔️✔️-Data modified inappropriately or otherwise unreliable


Investment Expense Risk - Answer✔️✔️-Investment fails to provide a good return


Relevancy Risk - Answer✔️✔️-Risk that right information does not get to the right

people at the right (needed) time


Schedule Risk - Answer✔️✔️-Risk that IT project takes longer to complete than

expected.


RACI Stands for - Answer✔️✔️-Responsible, Accountable, Consulted, Informed


Information Security Risk Management Process - Answer✔️✔️-Establish Context

(scope) Assess Risk, Risk Identification, Risk Analysis, Risk Evaluation, Risk

Treatment




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