Isaca CISM Practice Test - Questions Answers, Page 56

The test addresses the critical components is the most important consideration while conducting a test of a business continuity plan (BCP), as it ensures that the test covers the essential functions, processes, and resources that are required to maintain or resume the organization's operations in the event of a disruption. The test should also verify that the recovery objectives, such as recovery time objective (RTO) and recovery point objective (RPO), are met. (From CISM Review Manual 15th Edition)

Assessing potential information security risk to the organization is the first step that the information security manager should take when considering the feasibility of implementing a big data solution to analyze customer data, as it helps to identify and evaluate the threats, vulnerabilities, and impacts that may arise from the collection, processing, storage, and sharing of large volumes and varieties of customer data. Assessing risk also helps to determine the risk appetite and tolerance of the organization, and to prioritize the risk treatment options and security controls that are needed to protect the customer data and the big data solution. (From CISM Review Manual 15th Edition)

The organization's risk tolerance is the most important factor to consider when choosing a shared alternate location for computing facilities, because it determines the acceptable level of risk exposure and the required recovery time objectives (RTOs) and recovery point objectives (RPOs) for the organization's critical business processes and information assets. Resource availability, the organization's mission, and incident response team training are also important considerations, but they are secondary to the risk tolerance.

Reference= CISM Review Manual, 16th Edition, page 290

A classification model is necessary to ensure consistent protection for an organization's information assets, because it defines the criteria for assigning different levels of sensitivity and criticality to the information assets, and determines the appropriate security controls and handling procedures for each level. Data ownership, regulatory requirements, and control assessment are also important aspects of information security management, but they are not sufficient to ensure consistent protection without a classification model.

Reference= CISM Review Manual, 16th Edition, page 67

Before implementing a BYOD program, it is most important to develop an acceptable use policy that defines the roles and responsibilities of the organization and the employees, the security requirements and controls for the devices, the acceptable and unacceptable behaviors and activities, and the consequences of non-compliance. This policy will help to establish a clear and consistent framework for managing the risks and benefits of BYOD.

Reference= CISM Review Manual, 16th Edition, page 197

The information security manager should first assess the risk to business operations that are caused by the information security issues reported by internal audit. This will help to prioritize the remediation actions and allocate the necessary resources. Creating a security exception, performing a gap analysis, or performing a vulnerability assessment are possible subsequent steps, but they are not the first action to take.

Reference= CISM Review Manual, 16th Edition, page 48

The successful implementation of an information security program depends largely on the availability and allocation of adequate security resources, such as budget, staff, technology, and training. Without sufficient resources, the program may not be able to achieve its objectives, comply with the security strategy, or address the security risks. Key performance indicators (KPIs), a balanced scorecard, and global security standards are also important elements of an information security program, but they are not as critical as the resource allocation.

Reference= CISM Review Manual, 16th Edition, page 69

The organization's risk appetite is the most important factor to consider when defining control objectives, because it reflects the amount and type of risk that the organization is willing to accept or avoid in pursuit of its goals. Control objectives should align with the risk appetite and support the achievement of the organization's objectives. Industry best practices, an information security framework, and control recommendations from a recent audit are also useful sources of guidance, but they are not as critical as the risk appetite.

Reference= CISM Review Manual, 16th Edition, page 75

The information security manager's first course of action when one of the organization's critical third-party providers experiences a data breach should be to invoke the incident response plan that has been established for such scenarios. The incident response plan should define the roles and responsibilities, communication channels, escalation procedures, and recovery actions for dealing with a third-party data breach. Invoking the incident response plan will help to contain the impact, assess the damage, coordinate the response, and restore the normal operations as soon as possible.

Reference= CISM Review Manual, 16th Edition, page 290