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CRISC Information Systems Control

Subjects : certifications, crisc, it-skills

Instructions:

Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

1. Loss event

2. Objectivity
Description of the fundamental underlying design of the IT components of the business - the relationships among them - and the manner in which they support the enterprise's objectives
Any event during which a material increase in vulnerability results. Note that this increase in vulnerability can result from changes in control conditions or from changes in threat capability/force.
The ability to exercise judgment - express opinions and present recommendations with impartiality
Exists to detect and report when errors - omissions and unauthorized uses or entries occur

3. MAGERIT
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
An evaluation of the type - scope and nature of events or actions that can result in adverse consequences; identification of the threats that exist against enterprise assets Scope Note: The threat analysis usually defines the level of threat and the
1. Information that proves or disproves a stated issue 2. Information that an auditor gathers in the course of performing an IS audit; relevant if it pertains to the audit objectives and has a logical relationship to the findings and conclusions it i
Methodology for Information Systems Risk Analysis and Management

4. Risk avoidance
Something that happens at a specific place and/or time
The process for systematically avoiding risk - constituting one approach to managing risk
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
Documentation of the rationale for making a business investment - used both to support a business decision on whether to proceed with the investment and as an operational tool to support management of the investment through its full economic life cyc

5. CRISC
certified in risk and information systems control
The remaining risk after management has implemented a risk response
Determined based on the acceptable data loss in case of a disruption of operations. It indicates the earliest point in time that is acceptable to recover the data. The RPO effectively quantifies the permissible amount of data loss in case of interrup
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service

6. Capability
A repository of the key attributes of potential and known IT risk issues. Attributes may include name - description - owner - expected/actual frequency - potential/actual magnitude - potential/actual business impact - disposition.
Carnegie Mellon University
1. The act of verifying identity (i.e. - user - system) Scope Note: Risk: Can also refer to the verification of the correctness of a piece of data 2. The act of verifying the identity of a user and the user's eligibility to access computerized inform
An aptitude - competency or resource that an enterprise may possess or require at an enterprise - business function or individual level that has the potential - or is required - to contribute to a business outcome and to create value

7. Enterprise Resource Planning (ERP)
risk management framework
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
Documentation of the rationale for making a business investment - used both to support a business decision on whether to proceed with the investment and as an operational tool to support management of the investment through its full economic life cyc
A enterprise to automate and integrate the majority of its planning. System packaged business software system that allows an business processes - share common data and practices across the entire enterprise - and produce and access information in a r

8. System development life cycle (SDLC)
Failure modes effects analysis
The phases deployed in the development or acquisition of a software system. Scope Note: SDLC is an approach used to plan - design - develop - test and implement an application system or a major modification to an application system. Typical phases of
1. A method to identify interdependencies and interconnections among risk - as well as the effect of risk responses on multiple types of risk 2. A method to estimate the aggregate impact of multiple types of risk (e.g. - cascading and coincidental th
An evaluation of the type - scope and nature of events or actions that can result in adverse consequences; identification of the threats that exist against enterprise assets Scope Note: The threat analysis usually defines the level of threat and the

9. OCTAVE
A measure of the potential severity of loss or the potential gain from realized events/scenarios
certified in risk and information systems control
Determined based on the acceptable data loss in case of a disruption of operations. It indicates the earliest point in time that is acceptable to recover the data. The RPO effectively quantifies the permissible amount of data loss in case of interrup
operationally critical threat and vulnerability evaluation

10. IT risk
Business Process Reengineering
A measure that determines how well the process is performing in enabling the goal to be reached. Scope Note: A lead indicator of whether a goal will likely be reached - and a good indicator of capabilities - practices and skills. It measures an activ
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data

11. IT risk profile
risk control self assessment
A description of the overall (identified) IT risk to which the enterprise is exposed
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
The discipline by which an enterprise in any industry assesses - controls - exploits - finances and monitors risk from all sources for the purpose of increasing the enterprise's short- and long-term value to its stakeholders

12. Project portfolio
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
The ability to exercise judgment - express opinions and present recommendations with impartiality
The net effect - positive or negative - on the achievement of business objectives
The set of projects owned by a company. Scope Note: It usually includes the main guidelines relative to each project - including objectives - costs - time lines and other information specific to the project.

13. cusum
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
The phases deployed in the development or acquisition of a software system. Scope Note: SDLC is an approach used to plan - design - develop - test and implement an application system or a major modification to an application system. Typical phases of
expected loss
cumulative summary. each value is added for a cummulative total.

14. standards publisher of IT Audit and Assurance
The policies - procedures - practices and organizational structures designed to provide reasonable assurance that business
Control Objectives for Information and Related Technology
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
Standards standards published by: ISACA

15. Asset
1. The risk level or exposure without taking into account the actions that management has taken or might take (e.g. -implementing controls) 2. The risk that a material error could occur - assuming that there are no related internal controls to preven
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
operationally critical threat and vulnerability evaluation
A repository of the key attributes of potential and known IT risk issues. Attributes may include name - description - owner - expected/actual frequency - potential/actual magnitude - potential/actual business impact - disposition.

16. Event
An internal control that is used to avoid undesirable events - errors and other occurrences that an enterprise has determined could have a negative material effect on a process or end product
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
Something that happens at a specific place and/or time
Failure modes effects analysis

17. Risk culture
expected loss
A study to prioritize the criticality of information resources for the enterprise based on costs (or consequences) of adverse events In an impact analysis - threats to assets are identified and potential business losses determined for different time
The set of shared values and beliefs that governs attitudes toward risk-taking - care and integrity - and determines how openly risk and losses are reported and discussed
committee of sponsoring organizations

18. Access control
A probable situation with uncertain frequency and magnitude of loss (or gain)
A description of the overall (identified) IT risk to which the enterprise is exposed
international organization for standards
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises

19. ERM
The remaining risk after management has implemented a risk response
commission
1. Contains the essential elements of effective processes for one or more disciplines. It also describes an evolutionary improvement path from ad hoc - immature processes to disciplined - mature processes with improved quality and effectiveness. 2. C
enterprise risk management

20. Control risk self-assessment
risk control self assessment
A measure of the rate by which events occur over a certain period of time
A method/process by which management and staff of all levels collectively identify and evaluate risk and controls with their business areas. This may be under the guidance of a facilitator such as an auditor or risk manager.
A metric capable of showing that the enterprise is subject to - or has a high probability of being subject to - a risk that exceeds the defined risk appetite Risk management 1. The coordinated activities to direct and control an enterprise with regar

21. SPC
A method/process by which management and staff of all levels collectively identify and evaluate risk and controls with their business areas. This may be under the guidance of a facilitator such as an auditor or risk manager.
A plan of action or set of procedures to be performed if a system implementation - upgrade or modification does not work as intended Scope Note: May involve restoring the system to its state prior to the implementation or change. Fallback procedures
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
statistical process control

22. Vulnerability event
The individual responsible for identifying process requirements - approving process design and managing process performance. Scope Note: Must be at an appropriately high level in the enterprise and have authority to commit resources to process-specif
1. A process by which frequency and magnitude of IT risk scenarios are estimated. 2. The initial steps of risk management: analyzing the value of assets to the business - identifying threats to those assets and evaluating how vulnerable each asset is
Any event during which a material increase in vulnerability results. Note that this increase in vulnerability can result from changes in control conditions or from changes in threat capability/force.
The ability to exercise judgment - express opinions and present recommendations with impartiality

23. IEC
commission
A group of people integrated at the enterprise with clear lines of reporting and responsibilities for standby support in case of an information systems emergency. This group will act as an efficient corrective control - and should also act as a singl
international electrotechnical commission
An evaluation of the type - scope and nature of events or actions that can result in adverse consequences; identification of the threats that exist against enterprise assets Scope Note: The threat analysis usually defines the level of threat and the

24. Application controls
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
international electrotechnical commission
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
Documentation of the rationale for making a business investment - used both to support a business decision on whether to proceed with the investment and as an operational tool to support management of the investment through its full economic life cyc

25. Recovery point objective (RPO)
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
expected loss
Ensures that stakeholder needs - conditions and options are evaluated to determine balanced - agreed-on enterprise objectives to be achieved; setting direction through prioritization and decision making; and monitoring performance and compliance agai
Determined based on the acceptable data loss in case of a disruption of operations. It indicates the earliest point in time that is acceptable to recover the data. The RPO effectively quantifies the permissible amount of data loss in case of interrup

26. Risk transfer
1. Information that proves or disproves a stated issue 2. Information that an auditor gathers in the course of performing an IS audit; relevant if it pertains to the audit objectives and has a logical relationship to the findings and conclusions it i
An internal control that is used to avoid undesirable events - errors and other occurrences that an enterprise has determined could have a negative material effect on a process or end product
business process modeling
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service

27. Confidentiality
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
1. Information that proves or disproves a stated issue 2. Information that an auditor gathers in the course of performing an IS audit; relevant if it pertains to the audit objectives and has a logical relationship to the findings and conclusions it i
The net effect - positive or negative - on the achievement of business objectives
A study to prioritize the criticality of information resources for the enterprise based on costs (or consequences) of adverse events In an impact analysis - threats to assets are identified and potential business losses determined for different time

28. Magnitude
A measure that determines how well the process is performing in enabling the goal to be reached. Scope Note: A lead indicator of whether a goal will likely be reached - and a good indicator of capabilities - practices and skills. It measures an activ
A measure of the potential severity of loss or the potential gain from realized events/scenarios
A metric capable of showing that the enterprise is subject to - or has a high probability of being subject to - a risk that exceeds the defined risk appetite Risk management 1. The coordinated activities to direct and control an enterprise with regar
The combination of strategic - managerial and operational activities involved in gathering - processing - storing - distributing and using information and its related technologies Scope Note: Information systems are distinct from information technolo

29. Data custodian
An internal control that is used to avoid undesirable events - errors and other occurrences that an enterprise has determined could have a negative material effect on a process or end product
1. A method to identify interdependencies and interconnections among risk - as well as the effect of risk responses on multiple types of risk 2. A method to estimate the aggregate impact of multiple types of risk (e.g. - cascading and coincidental th
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
operationally critical threat and vulnerability evaluation

30. Detective control
A measure of the potential severity of loss or the potential gain from realized events/scenarios
The individual responsible for identifying process requirements - approving process design and managing process performance. Scope Note: Must be at an appropriately high level in the enterprise and have authority to commit resources to process-specif
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved

31. RMIS
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
risk management information systems
1. The risk level or exposure without taking into account the actions that management has taken or might take (e.g. -implementing controls) 2. The risk that a material error could occur - assuming that there are no related internal controls to preven
A enterprise to automate and integrate the majority of its planning. System packaged business software system that allows an business processes - share common data and practices across the entire enterprise - and produce and access information in a r

32. Business impact
Description of the fundamental underlying design of the IT components of the business - the relationships among them - and the manner in which they support the enterprise's objectives
certified in risk and information systems control
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
The net effect - positive or negative - on the achievement of business objectives

33. Threat analysis
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
An evaluation of the type - scope and nature of events or actions that can result in adverse consequences; identification of the threats that exist against enterprise assets Scope Note: The threat analysis usually defines the level of threat and the
1. The act of verifying identity (i.e. - user - system) Scope Note: Risk: Can also refer to the verification of the correctness of a piece of data 2. The act of verifying the identity of a user and the user's eligibility to access computerized inform
Software Engineering Institute

34. IT risk issue
A phase of a system development life cycle (SDLC) methodology that researches the feasibility and adequacy of resources for the development or acquisition of a system solution to a user need
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
Business Process Reengineering

35. Threat event
Any event during which a material increase in vulnerability results. Note that this increase in vulnerability can result from changes in control conditions or from changes in threat capability/force.
Methodology for Information Systems Risk Analysis and Management
The set of hardware - software and facilities that integrates an enterprise's IT assets. Scope Note: Specifically - the equipment (including servers - routers - switches and cabling) - software - services and products used in storing - processing - t
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm

36. Risk tolerance
statistical process control
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data

37. COBIT
certified in risk and information systems control
Evaluating the criticality and sensitivity of information assets. An exercise that determines the impact of losing the support of any resource to an enterprise - establishes the escalation of that loss over time - identifies the minimum resources nee
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
Control Objectives for Information and Related Technology

38. Business process owner
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
A metric capable of showing that the enterprise is subject to - or has a high probability of being subject to - a risk that exceeds the defined risk appetite Risk management 1. The coordinated activities to direct and control an enterprise with regar
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
The individual responsible for identifying process requirements - approving process design and managing process performance. Scope Note: Must be at an appropriately high level in the enterprise and have authority to commit resources to process-specif

39. Business case
A method/process by which management and staff of all levels collectively identify and evaluate risk and controls with their business areas. This may be under the guidance of a facilitator such as an auditor or risk manager.
A measure that determines how well the process is performing in enabling the goal to be reached. Scope Note: A lead indicator of whether a goal will likely be reached - and a good indicator of capabilities - practices and skills. It measures an activ
expected loss
Documentation of the rationale for making a business investment - used both to support a business decision on whether to proceed with the investment and as an operational tool to support management of the investment through its full economic life cyc

40. IT infrastructure

41. Residual risk
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
certified in risk and information systems control
The remaining risk after management has implemented a risk response
A further development of the business goals into tactical targets and desired results and outcomes

42. RCSA
critical success factor
A probable situation with uncertain frequency and magnitude of loss (or gain)
risk control self assessment
The description of an IT-related event that can lead to a business impact IT-related incident An IT-related event that causes an operational - developmental and/or strategic business impact

43. Business risk
commission
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
The ability to exercise judgment - express opinions and present recommendations with impartiality
A probable situation with uncertain frequency and magnitude of loss (or gain)

44. Event type
A subset of risk indicators that are highly relevant and possess a high probability of predicting or indicating important risk. Scope Note: See also Risk Indicator.
For the purpose of IT risk management - one of three possible sorts of events: threat event - loss event and vulnerability event. Scope Note: Being able to consistently and effectively differentiate the different types of events that contribute to ri
critical success factor
The process for systematically avoiding risk - constituting one approach to managing risk

45. Preventive control
Carnegie Mellon University
An internal control that is used to avoid undesirable events - errors and other occurrences that an enterprise has determined could have a negative material effect on a process or end product
Failure modes effects analysis
The description of an IT-related event that can lead to a business impact IT-related incident An IT-related event that causes an operational - developmental and/or strategic business impact

46. CMU
Carnegie Mellon University
The description of an IT-related event that can lead to a business impact IT-related incident An IT-related event that causes an operational - developmental and/or strategic business impact
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
A description of the overall (identified) IT risk to which the enterprise is exposed

47. CSF
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
certified in risk and information systems control
Documentation of the rationale for making a business investment - used both to support a business decision on whether to proceed with the investment and as an operational tool to support management of the investment through its full economic life cyc
critical success factor

48. Disaster recovery plan (DRP)
The phases deployed in the development or acquisition of a software system. Scope Note: SDLC is an approach used to plan - design - develop - test and implement an application system or a major modification to an application system. Typical phases of
A metric capable of showing that the enterprise is subject to - or has a high probability of being subject to - a risk that exceeds the defined risk appetite Risk management 1. The coordinated activities to direct and control an enterprise with regar
certified in risk and information systems control
A set of human - physical - technical and procedural resources to recover - within a defined time and cost - an activity interrupted by an emergency or disaster

49. Business impact analysis/assessment (BIA)
enterprise risk management
The phases deployed in the development or acquisition of a software system. Scope Note: SDLC is an approach used to plan - design - develop - test and implement an application system or a major modification to an application system. Typical phases of
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
Evaluating the criticality and sensitivity of information assets. An exercise that determines the impact of losing the support of any resource to an enterprise - establishes the escalation of that loss over time - identifies the minimum resources nee

50. COSO
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
A set of human - physical - technical and procedural resources to recover - within a defined time and cost - an activity interrupted by an emergency or disaster
1. Information that proves or disproves a stated issue 2. Information that an auditor gathers in the course of performing an IS audit; relevant if it pertains to the audit objectives and has a logical relationship to the findings and conclusions it i
committee of sponsoring organizations