Isaca CISM Dumps Questions Answers

Cost-benefit analysis of mitigating controls is the BEST way to assist in determining whether to accept residual risk of a critical security system, because it helps to compare the costs of implementing and maintaining the controls with the benefits of reducing the risk and the potential losses. Cost-benefit analysis can help to justify the investment in security controls and to optimize the level of residual risk that is acceptable for the organization.

References =

CISM Review Manual, 16th Edition, ISACA, 2020, p. 50: “Cost-benefit analysis is the process of comparing the costs of risk treatment options with the benefits of risk reduction and the potential losses from risk events.”

CISM Review Manual, 16th Edition, ISACA, 2020, p. 51: “Cost-benefit analysis can help to justify the investment in information security controls and to optimize the level of residual risk that is acceptable for the enterprise.”

CISM Domain 2: Information Risk Management (IRM) [2022 update]: “Cost-benefit analysis: This is a comparison of the costs of implementing and maintaining security controls with the benefits of reducing risk and potential losses. It helps to justify the investment in security controls and optimize the level of residual risk.”

The best indicator that an information security governance framework has been successfully implemented is A. The framework aligns internal and external resources. This is because the framework should ensure that the information security strategy, policies, and objectives are aligned with the business goals, stakeholder expectations, and regulatory requirements. The framework should also enable the effective allocation and coordination of internal and external resources, such as people, processes, technology, and finances, to support the information security program and its activities.

The framework should ensure that the information security strategy, policies, and objectives are aligned with the business goals, stakeholder expectations, and regulatory requirements. The framework should also enable the effective allocation and coordination of internal and external resources, such as people, processes, technology, and finances, to support the information security program and its activities. (From CISM Manual or related resources)

References = CISM Review Manual 15th Edition, Chapter 1, Section 1.2.1, page 181; CISM Review Questions, Answers & Explanations Manual 9th Edition, Question 49, page 14

According to the CISM Review Manual, one of the primary roles of the information security manager in application development is to ensure that security is integrated into the SDLC. This means that security requirements, design, testing, deployment, and maintenance are all considered and addressed throughout the application development process. By doing so, the information security manager can help to prevent or mitigate security risks, ensure compliance with standards and regulations, and improve the quality and reliability of the application1

The other options are not as accurate as ensuring security is integrated into the SDLC. Ensuring compliance with industry best practices is a secondary role of the information security manager in application development, as it involves following established guidelines and frameworks for secure application development. However, compliance alone does not guarantee that security is actually implemented in the application. Ensuring enterprise security controls are implemented is a tertiary role of the information security manager in application development, as it involves applying existing policies and procedures for managing and monitoring security activities across the organization. However, enterprise controls alone do not ensure that security is tailored to the specific needs and context of each application. Ensuring control procedures address business risk is a quaternary role of the information security manager in application development, as it involves identifying and assessing potential threats and vulnerabilities that could affect the business objectives and operations of each application. However, business risk alone does not ensure that security measures are aligned with the value proposition and benefits of each application1

References = 1: CISM Review Manual, 16th Edition, ISACA, 2020, pp. 30-31…