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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. Business process owner
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
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
Something that happens at a specific place and/or time
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.

2. cusum
The net effect - positive or negative - on the achievement of business objectives
cumulative summary. each value is added for a cummulative total.
risk management information systems
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

3. IT architecture

4. Objectivity
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
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
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 ability to exercise judgment - express opinions and present recommendations with impartiality

5. Business objective
A further development of the business goals into tactical targets and desired results and outcomes
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity

6. RMIS
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
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.
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.
risk management information systems

7. Residual risk
critical success factor
Something that happens at a specific place and/or time
A description of the overall (identified) IT risk to which the enterprise is exposed
The remaining risk after management has implemented a risk response

8. Vulnerability 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.
A measure of the potential severity of loss or the potential gain from realized events/scenarios
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.
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity

9. SIE
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
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
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

10. CRISC
The current and prospective effect on earnings and capital arising from negative public opinion. Scope Note: Reputation risk affects a bank's ability to establish new relationships or services - or to continue servicing existing relationships. It may
cumulative summary. each value is added for a cummulative total.
certified in risk and information systems control
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission

11. Key risk indicator (KRI)
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
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
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.
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

12. Risk analysis
cumulative summary. each value is added for a cummulative total.
The ability to exercise judgment - express opinions and present recommendations with impartiality
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
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

13. Enterprise risk management (ERM)

14. Data custodian
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
The process for systematically avoiding risk - constituting one approach to managing risk
A condition that can influence the frequency and/or magnitude and - ultimately - the business impact of IT-related events/scenarios

15. Threat analysis
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
British Standards Institution
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
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.

16. Risk culture
expected loss
The current and prospective effect on earnings and capital arising from negative public opinion. Scope Note: Reputation risk affects a bank's ability to establish new relationships or services - or to continue servicing existing relationships. It may
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
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data

17. Feasibility study
British Standards Institution
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. 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
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

18. Enterprise Resource Planning (ERP)
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
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
The net effect - positive or negative - on the achievement of business objectives
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data

19. Access rights
The permission or privileges granted to users - programs or workstations to create - change - delete or view data and files within a system - as defined by rules established by data owners and the information security policy
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
British Standards Institution
The net effect - positive or negative - on the achievement of business objectives

20. Fallback procedures
expected loss
Methodology for Information Systems Risk Analysis and Management
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
risk management information systems

21. IT risk profile
A description of the overall (identified) IT risk to which the enterprise is exposed
Anything (e.g. - object - substance - human) that is capable of acting against an asset in a manner that can result in harm. Scope Note: A potential cause of an unwanted incident (ISO/IEC 13335)
international organization for standards
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

22. Magnitude
A measure of the potential severity of loss or the potential gain from realized events/scenarios
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives
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 net effect - positive or negative - on the achievement of business objectives

23. SPC
statistical process control
Failure modes effects analysis
Ensuring timely and reliable access to and use of information. Balanced scorecard (BSC) Developed by Robert S. Kaplan and David P. Norton as a coherent set of performance measures organized into four categories that includes traditional financial mea
The management of risk through the use of countermeasures and controls

24. BPR
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
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
Business Process Reengineering
Standards standards published by: ISACA

25. Reputation risk

26. OCTAVE
operationally critical threat and vulnerability evaluation
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
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

27. Control risk self-assessment
risk control self assessment
The process for systematically avoiding risk - constituting one approach to managing risk
The net effect - positive or negative - on the achievement of business objectives
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.

28. Frequency
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
A measure of the rate by which events occur over a certain period of time
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
risk control self assessment

29. IT risk
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
The management of risk through the use of countermeasures and controls
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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

30. Threat event
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
Standards standards published by: ISACA
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 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

31. Loss event

32. BPM
Control Objectives for Information and Related Technology
Failure modes effects analysis
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
business process modeling

33. Detective control
Methodology for Information Systems Risk Analysis and Management
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
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

34. Information systems (IS)
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
A weakness in the design - implementation - operation or internal control of a process that could expose the system to adverse threats from threat events
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
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

35. RMF
Something that happens at a specific place and/or time
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
certified in risk and information systems control
risk management framework

36. Confidentiality
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
The translation of the enterprise's mission from a statement of intention into performance targets and results
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
Standards standards published by: ISACA

37. Impact analysis
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
Carnegie Mellon University
The translation of the enterprise's mission from a statement of intention into performance targets and results
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

38. Event
Something that happens at a specific place and/or time
The current and prospective effect on earnings and capital arising from negative public opinion. Scope Note: Reputation risk affects a bank's ability to establish new relationships or services - or to continue servicing existing relationships. It may
Standards standards published by: ISACA
statistical process control

39. Key performance indicator (KPI)
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 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
expected loss
The management of risk through the use of countermeasures and controls

40. Access control
The net effect - positive or negative - on the achievement of business objectives
Failure modes effects analysis
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
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

41. FMEA
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
The process for systematically avoiding risk - constituting one approach to managing risk
British Standards Institution
Failure modes effects analysis

42. Risk portfolio view
A measure of the rate by which events occur over a certain period of time
enterprise risk management
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 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

43. Application controls
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
Business Process Reengineering
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
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

44. Risk transfer
The current and prospective effect on earnings and capital arising from negative public opinion. Scope Note: Reputation risk affects a bank's ability to establish new relationships or services - or to continue servicing existing relationships. It may
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
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
A further development of the business goals into tactical targets and desired results and outcomes

45. BCP
business continuity planning
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 process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
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.

46. Business goal

47. IEC
risk control self assessment
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
international electrotechnical commission
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

48. BSI
Business Process Reengineering
British Standards Institution
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
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

49. EL
committee of sponsoring organizations
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
expected loss
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

50. Computer emergency response team (CERT)
A measure of the potential severity of loss or the potential gain from realized events/scenarios
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
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
enterprise risk management