Home / Isaca / CISM

Question list

List of questions

Question 1

(0)

An organization finds it necessary to quickly shift to a work-fromhome model with an increased need for remote access security. Which of the following should be given immediate focus?

Question 2

(0)

Which of the following is MOST important to ensuring information stored by an organization is protected appropriately?

Question 3

(0)

Which of the following BEST enables an information security manager to determine the comprehensiveness of an organization's information security strategy?

Question 4

(0)

Which of the following is the MOST important factor of a successful information security program?

Question 5

(0)

Which of the following is the BEST approach when creating a security policy for a global organization subject to varying laws and regulations?

Question 6

(0)

Which of the following presents the GREATEST challenge to the recovery of critical systems and data following a ransomware incident?

Question 7

(0)

Which of the following change management procedures is MOST likely to cause concern to the information security manager?

Question 8

(0)

Which of the following is an example of risk mitigation?

Question 9

(0)

Which of the following is MOST important to include in an incident response plan to ensure incidents are responded to by the appropriate individuals?

Question 10

(0)

The PRIMARY objective of a post-incident review of an information security incident is to:

Question 145 - CISM discussion

When choosing the best controls to mitigate risk to acceptable levels, the information security manager's decision should be MAINLY driven by:

best practices.

control framework

regulatory requirements.

cost-benefit analysis,

Suggested answer: D

Explanation:

Cost-benefit analysis (CBA) is a method of comparing the costs and benefits of different alternatives for achieving a desired outcome. CBA can help information security managers to choose the best controls to mitigate risk to acceptable levels by providing a rational and objective basis for decision making. CBA can also help information security managers to justify their choices to senior management, stakeholders, and auditors by demonstrating the value and return on investment of the selected controls.CBA can also help information security managers to prioritize and allocate resources for implementing and maintaining the controls12.

CBA involves the following steps12:

Identify the objectives and scope of the analysis

Identify the alternatives and options for achieving the objectives

Identify and quantify the costs and benefits of each alternative

Compare the costs and benefits of each alternative using a common metric or criteria

Select the alternative that maximizes the net benefit or minimizes the net cost

Perform a sensitivity analysis to test the robustness and validity of the results

Document and communicate the results and recommendations

CBA is mainly driven by the information security manager's decision, but it can also take into account other factors such as best practices, control frameworks, and regulatory requirements. However, these factors are not the primary drivers of CBA, as they may not always reflect the specific needs and context of the organization. Best practices are general guidelines or recommendations that may not suit every situation or environment. Control frameworks are standardized models or methodologies that may not cover all aspects or dimensions of information security. Regulatory requirements are mandatory rules or obligations that may not address all risks or threats faced by the organization.Therefore, CBA is the best method to choose the most appropriate and effective controls to mitigate risk to acceptable levels, as it considers the costs and benefits of each control in relation to the organization's objectives, resources, and environment12.Reference=CISM Domain 2: Information Risk Management (IRM) [2022 update],Five Key Considerations When Developing Information Security Risk Treatment Plans

Show Answer

asked 01/10/2024

Byron Lawrence

38 questions

Your answer: A B C D

0 comments

Sorted by