Security
Reader small image

You're reading from  CISA – Certified Information Systems Auditor Study Guide - Second Edition

Product typeBook
Published inJun 2023
PublisherPackt
ISBN-139781803248158
Edition2nd Edition
Concepts
Information Security
Right arrow
Author (1)
Hemang Doshi
Hemang Doshi
author image
Hemang Doshi

Hemang Doshi has more than 15 years of experience in the field of system audit, IT risk and compliance, internal audit, risk management, information security audit, third-party risk management, and operational risk management. He has authored several books for certification such as CISA, CRISC, CISM, DISA, and enterprise risk management.
Read more about Hemang Doshi

Right arrow

Risk-Based Audit Planning

CISA aspirants are expected to understand the following aspects of risk-based audit planning:

  • What is risk?
  • Vulnerabilities and threats
  • Inherent risk and residual risk
  • The advantages of risk-based audit planning
  • Audit risk
  • The steps of the risk-based audit approach
  • The steps of risk assessment
  • The four methodologies for risk treatment

What Is Risk?

You will now explore some of the widely accepted definitions of risk.

Most of the CISA questions are framed around risk. Therefore, CISA candidates should have a thorough understanding of the term risk, which has multiple definitions/formulas. If you look carefully, every definition speaks either directly or indirectly about two terms: probability and impact.

Some of the more commonly used definitions of risk are presented here:

  • COSO ERM defines risk as “potential events that may impact the entity.”
  • The Oxford English Dictionary defines...
lock icon
The rest of the page is locked
Previous Page
Chapter 2 of 14, Page 6
Next Page
You have been reading a chapter from
CISA – Certified Information Systems Auditor Study Guide - Second Edition
Published in: Jun 2023Publisher: PacktISBN-13: 9781803248158
© 2023 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Hemang Doshi

Hemang Doshi has more than 15 years of experience in the field of system audit, IT risk and compliance, internal audit, risk management, information security audit, third-party risk management, and operational risk management. He has authored several books for certification such as CISA, CRISC, CISM, DISA, and enterprise risk management.
Read more about Hemang Doshi

Personalised recommendations for you

Based on your interests and search pattern

Attacking and Exploiting Modern Web Applications

Attacking and Exploiting Modern Web Applications

Attacking and Exploiting Modern Web Attacks will help you understand how to identify attack surfaces and detect vulnerabilities. This book takes a hands-on approach to implementation and associated methodologies and equips you with the knowledge and skills needed to effectively combat web attacks.

BookAug 2023338 pages
Automotive Cybersecurity Engineering Handbook

Automotive Cybersecurity Engineering Handbook

This Automotive Cybersecurity Engineering Handbook untangles the complexities of building secure automotive products and helps you to comply with cybersecurity standards. It provides practical tools, tips, and techniques coupled with real-world examples to enable you to create cyber-resilient automotive products with ease.

BookOct 2023392 pages
Official Google Cloud Certified Professional Cloud Security Engineer Exam Guide

Official Google Cloud Certified Professional Cloud Security Engineer Exam Guide

This book will help you to design, develop, and operate security controls on Google Cloud as well as discover best practices for relevant security domains, including identity and access management, network, and data.

BookAug 2023496 pages
Cloud Penetration Testing for Red Teamers

Cloud Penetration Testing for Red Teamers

The advent of cloud networks and the AWS, Azure, and GCP platforms has revolutionized how companies of all sizes in all industries do business online. This book will help you meet the emerging demand for pentesting as it guides you through the tools, techniques, and security measures used by pentesters and red teamers in the 2020s and beyond.

BookNov 2023298 pages
ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide

ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide

ISACA Certified in Risk and Information Systems Control (CRISC®) Certification Guide is an enterprise IT risk management professional’s dream. With its in-depth approach and various self-assessment exercises, this book arms you with knowledge of every single aspect of the certification, and is a fantastic career companion after you’re certified.

BookSep 2023316 pages5
Burp Suite Cookbook

Burp Suite Cookbook

Burp Suite is an immensely powerful and popular tool for web application security testing. This book provides a collection of recipes that address vulnerabilities in web applications and APIs. It offers guidance on how to configure Burp Suite, make the most of its tools, and explore into its extensions.

BookOct 2023450 pages
Building and Automating Penetration Testing Labs in the Cloud

Building and Automating Penetration Testing Labs in the Cloud

This hands-on guide will help you design and build a variety of penetration testing labs that mimic modern cloud environments running on AWS, Azure, and GCP. In addition to these, you will explore a number of practical strategies on how to manage the complexity, cost, and security risks involved when setting up vulnerable cloud lab environments.

BookOct 2023562 pages
Ethical Hacking Workshop

Ethical Hacking Workshop

As cyber-attacks grow and APT groups advance their skillset, you need to be able to protect your enterprise against cyber-attacks. In order to limit your attack surface, you need to ensure that you leverage the same skills and tools that an adversary may use to hack your environment and discover the security gaps. This book will teach you how to think like a hacker, use state-of-the-art hacking tools, and protect yourself and your organizaiton.

BookOct 2023220 pages
Windows Forensics Analyst Field Guide

Windows Forensics Analyst Field Guide

This book contains step-by-step processes to guide you in any investigation related to Windows OS. You’ll find out how to acquire evidence using multiple tools as well as examine and analyze the collected artifacts, while discovering multiple techniques used in real-world forensic incidents.

BookOct 2023318 pages
Implementing DevSecOps Practices

Implementing DevSecOps Practices

This book is a comprehensive, hands-on guide for individuals new to DevSecOps who want to implement DevSecOps practices successfully and efficiently. With its help, you’ll be able to shift security toward the left, enabling you to merge security into coding in no time.

BookDec 2023258 pages