You're reading from ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide

Product typeBook

Published inSep 2023

PublisherPackt

ISBN-139781803236902

Edition1st Edition

Concepts

Cybersecurity

Author (1)

Shobhit Mehta

Practice Quiz – Part 1

Which of the following is not a component of the risk management process?
1. Risk identification
2. Risk analysis
3. Risk acceptance
4. Risk elimination

Answer: D. Risk elimination.

Risk elimination is not a component of the risk management process because it is not always possible to eliminate all risks, and attempting to do so may not be feasible. The other options – risk identification, risk analysis, and risk acceptance – are all important components of the risk management process.

What is the purpose of a risk assessment?
1. To identify vulnerabilities in the system
2. To determine the impact of a potential risk event
3. To evaluate the effectiveness of existing controls
4. All of the above

Answer: D. All of the above.

The purpose of a risk assessment is to identify vulnerabilities in the system, determine the impact of a potential risk event, and evaluate the effectiveness of existing controls. By performing a risk assessment, organizations...

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Author (1)

Shobhit Mehta

Shobhit Mehta is the Security and Compliance Director at Headspace, an on-demand mental health company in San Francisco, CA. Previously, he worked in different facets of security and assurance with HSBC, Deutsche Bank, Credit Suisse, PayPal, and Fidelity Investments. He also works with ISACA to develop exam questions for CISA, CISM, and CGEIT, served as the technical reviewer for the CGEIT and CISA review manuals, and is a published author for the COBIT 5 journal. He completed his MS in cybersecurity at Northeastern University, Boston, and holds CRISC, CISM, CISA, CGEIT, CISSP, and CCSP certifications. In his spare time, he likes to explore the inclined trails of the Bay Area, complete ultramarathons, and blog on GRCMusings.
Read more about Shobhit Mehta

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