Authorized CRISC Test Dumps, CRISC Study Guide Pdf
Authorized CRISC Test Dumps, CRISC Study Guide Pdf
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ISACA Certified in Risk and Information Systems Control Sample Questions (Q286-Q291):
NEW QUESTION # 286
A MAJOR advantage of using key risk indicators (KRIs) is that they:
- A. Identify when risk exceeds defined thresholds.
- B. Help with internal control assessments concerning risk appetite.
- C. Identify scenarios that exceed defined risk appetite.
- D. Assess risk scenarios that exceed defined thresholds.
Answer: A
Explanation:
KRIs provide measurable indicators that flag when risks exceed predefined thresholds, enabling swift and
effective risk response. This supports theMonitoring and Reportingfunction in risk management, ensuring
risks are managed proactively.
NEW QUESTION # 287
A bank wants to send a critical payment order via email to one of its offshore branches. Which of the following is the BEST way to ensure the message reaches the intended recipient without alteration?
- A. Add a digital certificate
- B. Apply multi-factor authentication
- C. Add a secret key
- D. Add a hash to the message
Answer: A
Explanation:
A digital certificate is a document that contains the public key and the identity of the owner of the public key, and is signed by a trusted third party called a certificate authority (CA)1. A digital certificate can be used to ensure the message reaches the intended recipient without alteration, by using the following steps2:
* The sender encrypts the message with the recipient's public key, which can only be decrypted by the recipient's private key. This ensures the confidentiality of the message, as only the intended recipient can read it.
* The sender signs the message with their own private key, which can be verified by anyone who has their public key. This ensures the integrity and authenticity of the message, as it proves that the message has not been tampered with and that it comes from the sender.
* The sender attaches their digital certificate to the message, which contains their public key and their identity, and is signed by a CA. This ensures the validity and trustworthiness of the sender's public key and identity, as it confirms that they have been verified by a CA.
* The recipient receives the message and the digital certificate, and verifies the signature of the CA on the digital certificate. This ensures that the digital certificate is genuine and has not been forged or revoked.
* The recipient uses the public key from the digital certificate to verify the signature of the sender on the message. This ensures that the message has not been altered and that it comes from the sender.
* The recipient uses their own private key to decrypt the message. This ensures that they can read the message.
Therefore, adding a digital certificate is the best way to ensure the message reaches the intended recipient without alteration, as it provides encryption, digital signature, and certificate verification, which are the three main components of secure email communication3. Applying multi-factor authentication, adding a hash to the message, and adding a secret key are not the best ways to ensure the message reaches the intended recipient without alteration, as they do not provide all the components of secure email communication. Applying multi-factor authentication is a technique that requires the user to provide two or more pieces of evidence to prove their identity, such as a password, a code, or a biometric factor4. Multi-factor authentication can enhance the security of the email account, but it does not protect the message itself from being intercepted, modified, or impersonated. Adding a hash to the message is a technique that involves applying a mathematical function to the message to generate a fixed-length value, called a hash or a digest, that uniquely represents the message5. A hash can be used to verify the integrity of the message, as any change in the message will result in a different hash. However, a hash does not provide confidentiality or authenticity of the message, as it does not encrypt the message or identify the sender. Adding a secret key is a technique that involves using a single key, known only to the sender and the recipient, to encrypt and decrypt the message6. A secret key can provide confidentiality of the message, as only the sender and the recipient can read it. However, a secret key does not provide integrity or authenticity of the message, as it does not prevent the message from being altered or spoofed. Moreover, a secret key requires a secure way of exchanging the key between the sender and the recipient, which may not be feasible or reliable over email. References = 1: What is a digital certificate? | Norton2: How to Send Secure Emails in 2023 | A Guide to Secure Email - ProPrivacy3: Secure Email: A Complete Guide for 2023 - StartMail4: What is Multi-Factor Authentication (MFA)? | Duo Security5: What is a Hash Function? | Definition and FAQs6: [What is Symmetric Encryption? | Definition and FAQs]
NEW QUESTION # 288
Which of the following is the MOST important reason to restrict access to the risk register on a need-to-know basis?
- A. It contains vulnerabilities and threats.
- B. The risk methodology is intellectual property.
- C. Risk scenarios may be misinterpreted.
- D. Contents may be used as auditable findings.
Answer: A
Explanation:
Restricting access to the risk register on a need-to-know basis is important because it contains vulnerabilities and threats that could expose the organization to potential harm or loss if they are disclosed or exploited by unauthorized parties. The risk register is a tool that captures and documents the risk identification, analysis, evaluation, and treatment processes1. The risk register contains sensitive information such as the sources and causes of risk, the potential impacts and consequences of risk, the likelihood and frequency of risk occurrence, and the risk response actions and plans1. If this information is accessed by unauthorized parties, such as competitors, hackers, or malicious insiders, they could use it to launch attacks, sabotage operations, or gain an unfair advantage over the organization. Therefore, access to the risk register should be limited to those who have a legitimate need and authorization to view, modify, or use the information, such as the risk owners, managers, or practitioners
NEW QUESTION # 289
Which of the following is the PRIMARY purpose of periodically reviewing an organization's risk profile?
- A. Enable risk-based decision making.
- B. Align business objectives with risk appetite.
- C. Update risk responses in the risk register
- D. Design and implement risk response action plans.
Answer: A
NEW QUESTION # 290
Which of the following is a performance measure that is used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments?
- A. Return On Security Investment
- B. Total Cost of Ownership
- C. Return On Investment
- D. Redundant Array of Inexpensive Disks
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Return On Investment (ROI) is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio.
The return on investment formula:
ROI = (Gain from investment - Cost of investment) / Cost of investment
In the above formula "gains from investment", refers to the proceeds obtained from selling the investment of interest.
Incorrect Answers:
A, B: These options are not related to the measurement of efficiency of an investment.
D: RAID is described as a redundant array of inexpensive disks. It is a technology that allows computer users to achieve high levels of storage reliability from low-cost and less reliable PC-class disk-drive components, via the technique of arranging the devices into arrays for redundancy.
NEW QUESTION # 291
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