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NEW QUESTION 23
Which stakeholders are PRIMARILY responsible for determining enterprise IT risk appetite?

A. Enterprise risk management and business process ownersB. Audit and compliance managementC. Executive management and the board of directorsD. The chief information officer (CIO) and the chief financial officer (CFO)

Answer: C

 

NEW QUESTION 24
When a risk cannot be sufficiently mitigated through manual or automatic controls, which of the following options will BEST protect the enterprise from the potential financial impact of the risk?

A. Improving staff-training in the risk areaB. Outsourcing the related business process to a third partyC. Updating the IT risk registryD. Insuring against the risk

Answer: D

Explanation:
Section: Volume D
Explanation:
An insurance policy can compensate the enterprise up to 100% by transferring the risk to another company.
Hence in this stem risk is being transferred.
Incorrect Answers:
A: Updating the risk registry (with lower values for impact and probability) will not actually change the risk, only management's perception of it.
C: Outsourcing the process containing the risk does not necessarily remove or change the risk. While on other hand, insurance will completely remove the risk.
D: Staff capacity to detect or mitigate the risk may potentially reduce the financial impact, but insurance allows for the risk to be mitigated up to 100%.

 

NEW QUESTION 25
A risk practitioner has been asked to advise management on developing a log collection and correlation strategy. Which of the following should be the MOST important consideration when developing this strategy?

A. Ensuring time synchronization of log sourcesB. Ensuring the inclusion of external threat intelligence log sourcesC. Ensuring read-write access to all log sourcesD. Ensuring the inclusion of all computing resources as log sources

Answer: A

Explanation:
Section: Volume D

 

NEW QUESTION 26
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