At ValidExamDumps, we consistently monitor updates to the Isaca IT-Risk-Fundamentals exam questions by Isaca. Whenever our team identifies changes in the exam questions,exam objectives, exam focus areas or in exam requirements, We immediately update our exam questions for both PDF and online practice exams. This commitment ensures our customers always have access to the most current and accurate questions. By preparing with these actual questions, our customers can successfully pass the Isaca IT Risk Fundamentals Certificate Exam exam on their first attempt without needing additional materials or study guides.
Other certification materials providers often include outdated or removed questions by Isaca in their Isaca IT-Risk-Fundamentals exam. These outdated questions lead to customers failing their Isaca IT Risk Fundamentals Certificate Exam exam. In contrast, we ensure our questions bank includes only precise and up-to-date questions, guaranteeing their presence in your actual exam. Our main priority is your success in the Isaca IT-Risk-Fundamentals exam, not profiting from selling obsolete exam questions in PDF or Online Practice Test.
Which of the following would have the MOST impact on the accuracy and appropriateness of plans associated with business continuity and disaster recovery?
Definition and Context:
A Business Impact Assessment (BIA) is a process that helps organizations identify critical business functions and the effects that a business disruption might have on them. It is fundamental in shaping business continuity and disaster recovery plans.
Impact on Business Continuity and Disaster Recovery:
Material updates to the incident response plan can affect business continuity, but they are typically tactical responses to incidents rather than strategic shifts in understanding business impact.
Data backups being moved to the cloud can improve resilience and recovery times, but the strategic importance of this change is contingent on the criticality of the data and the reliability of the cloud provider.
Changes to the BIA directly affect the accuracy and appropriateness of plans associated with business continuity and disaster recovery. The BIA defines what is critical, the acceptable downtime, and the recovery priorities. Therefore, any changes here can significantly alter the continuity and recovery strategies.
Conclusion:
Given the strategic role of the BIA in business continuity planning, changes to the BIA have the most substantial impact on the accuracy and appropriateness of business continuity and disaster recovery plans.
As part of the control monitoring process, frequent control exceptions are MOST likely to indicate:
Control Monitoring Process:
The control monitoring process involves regular review and assessment of controls to ensure they are operating effectively and as intended.
Frequent Control Exceptions:
Frequent exceptions in control processes often indicate that the controls are not aligning well with the business priorities or operational needs.
This misalignment can occur when controls are too rigid, outdated, or not suited to the current business environment, leading to frequent violations or bypassing of controls.
Comparison of Options:
A excessive costs associated with the use of a control might be a concern, but it is not the primary reason for frequent exceptions.
C high risk appetite throughout the enterprise might lead to more accepted risks but does not directly explain frequent control exceptions.
Conclusion:
Therefore, frequent control exceptions are most likely to indicate misalignment with business priorities.
Potential losses resulting from employee errors and system failures are examples of:
Operationelle Risiken umfassen Verluste, die durch unzureichende oder fehlgeschlagene interne Prozesse, Personen und Systeme oder durch externe Ereignisse verursacht werden. Mitarbeiterfehler und Systemausflle sind typische Beispiele fr operationelle Risiken.
Definition und Kategorien von Risiken:
Operational Risk: Betrifft Verluste aufgrund interner Prozesse oder menschlicher Fehler.
Market Risk: Verluste aufgrund von Marktschwankungen.
Strategic Risk: Verluste aufgrund von Fehlentscheidungen im Management oder strategischen Planungsfehlern.
Beispiele fr operationelle Risiken:
Mitarbeiterfehler: Fehlerhafte Dateneingabe, Nichtbeachtung von Arbeitsprozessen.
Systemausflle: IT-Systemabstrze, Hardware-Fehlfunktionen.
ISA 315: Operational risks and how they are identified and managed within the IT environment.
ISO 27001: Information security management systems that include measures for mitigating operational risks.
Which of the following occurs earliest in the risk response process?
Risk Response Process Steps:
The risk response process typically involves several key steps: analyzing risk response options, prioritizing risk responses, and developing risk response plans.
Analyzing risk response options occurs earliest because it involves evaluating the various ways to address identified risks.
Step-by-Step Process:
Analyzing Risk Response Options: This is the initial step where different potential responses to the identified risks are considered. Options may include risk acceptance, avoidance, mitigation, or transfer.
Prioritizing Risk Responses: After analyzing the options, the next step is to prioritize them based on factors such as impact, likelihood, and the cost of implementation.
Developing Risk Response Plans: Finally, detailed plans are created for the prioritized risk responses, outlining the specific actions to be taken, resources required, and timelines.
Reference:
ISA 315 (Revised 2019), Anlage 5 provides a framework for understanding the components of risk management, including the evaluation and selection of appropriate risk responses.
Organizations monitor control statuses to provide assurance that:
Purpose of Monitoring Control Statuses:
Organizations monitor control statuses to ensure that the controls in place are functioning correctly and achieving their intended outcomes.
Providing Assurance:
Monitoring control statuses provides assurance that the organization is compliant with established standards, regulations, and internal policies.
Compliance is a critical aspect of governance and risk management, ensuring that the organization operates within legal and regulatory frameworks.
Comparison of Options:
B ensuring risk events are fully mitigated is an important aspect but is secondary to the overarching goal of compliance.
C meeting ROI objectives is related to financial performance but does not directly relate to the primary purpose of control monitoring, which is compliance.
Conclusion:
Thus, the primary reason for monitoring control statuses is to provide assurance that compliance with established standards is achieved.
