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Question 72 - CISM discussion

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How does an incident response team BEST leverage the results of a business impact analysis (BIA)?

A.
Assigning restoration priority during incidents
Answers
A.
Assigning restoration priority during incidents
B.
Determining total cost of ownership (TCO)
Answers
B.
Determining total cost of ownership (TCO)
C.
Evaluating vendors critical to business recovery
Answers
C.
Evaluating vendors critical to business recovery
D.
Calculating residual risk after the incident recovery phase
Answers
D.
Calculating residual risk after the incident recovery phase
Suggested answer: A

Explanation:

The incident response team can best leverage the results of a business impact analysis (BIA) by assigning restoration priority during incidents. A BIA is a process that identifies and evaluates the criticality and dependency of the organization's business functions, processes, and resources, and the potential impacts and consequences of their disruption or loss. The BIA results provide the basis for determining the recovery objectives, strategies, and plans for the organization's business continuity and disaster recovery. By using the BIA results, the incident response team can prioritize the restoration of the most critical and time-sensitive business functions, processes, and resources, and allocate the appropriate resources, personnel, and time to minimize the impact and duration of the incident.

Determining total cost of ownership (TCO) (B) is not a relevant way to leverage the results of a BIA, as it is not directly related to incident response. TCO is a financial metric that estimates the total direct and indirect costs of owning and operating an asset or a system over its lifecycle. TCO may be useful for evaluating the cost-effectiveness and return on investment of different security solutions or alternatives, but it does not help the incident response team to respond to or recover from an incident.

Evaluating vendors critical to business recovery is also not a relevant way to leverage the results of a BIA, as it is not a primary responsibility of the incident response team. Evaluating vendors critical to business recovery is a part of the vendor management process, which involves selecting, contracting, monitoring, and reviewing the vendors that provide essential products or services to support the organization's business continuity and disaster recovery. Evaluating vendors critical to business recovery may be done before or after an incident, but not during an incident, as it does not contribute to the incident response or restoration activities.

Calculating residual risk after the incident recovery phase (D) is also not a relevant way to leverage the results of a BIA, as it is not a timely or effective use of the BIA results. Residual risk is the risk that remains after the implementation of risk treatment or mitigation measures. Calculating residual risk after the incident recovery phase may be done as a part of the incident review or improvement process, but not during the incident response or restoration phase, as it does not help the incident response team to resolve or contain the incident.

Reference= CISM Review Manual, 16th Edition, Chapter 4: Information Security Incident Management, Section: Incident Response Plan, Subsection: Business Impact Analysis, page 182-1831

asked 01/10/2024
wietse Bonnes
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