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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 case
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
Something that happens at a specific place and/or time
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
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

2. Risk analysis
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
Failure modes effects analysis
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission

3. Fallback procedures
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
risk control self assessment
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
Standards standards published by: ISACA

4. Frequency
Something that happens at a specific place and/or time
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
A measure of the rate by which events occur over a certain period of time
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises

5. Business continuity plan (BCP)
British Standards Institution
committee of sponsoring organizations
Something that happens at a specific place and/or time
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems

6. Preventive control
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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
A measure of the rate by which events occur over a certain period of time
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

7. Risk indicator
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 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.
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation

8. Asset
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 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
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity

9. Risk tolerance
certified in risk and information systems control
Something that happens at a specific place and/or time
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation

10. Risk transfer
The policies - procedures - practices and organizational structures designed to provide reasonable assurance that business
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
business process modeling
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service

11. SPC
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
expected loss
statistical process control
Control Objectives for Information and Related Technology

12. Computer emergency response team (CERT)
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
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
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 process for systematically avoiding risk - constituting one approach to managing risk

13. standards publisher of IT Audit and Assurance
British Standards Institution
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 potential severity of loss or the potential gain from realized events/scenarios
Standards standards published by: ISACA

14. Capability Maturity Model (CMM)
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
critical success factor
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.
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

15. Magnitude
A measure of the potential severity of loss or the potential gain from realized events/scenarios
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)
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives

16. Capability
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
enterprise risk management
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
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

17. Evidence
A measure of the potential severity of loss or the potential gain from realized events/scenarios
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 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 individual(s) and department(s) responsible for the storage and safeguarding of computerized data

18. Business objective
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
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 further development of the business goals into tactical targets and desired results and outcomes
Business Process Reengineering

19. Integrity
Failure modes effects analysis
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
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

20. Access control
Carnegie Mellon University
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
A weakness in the design - implementation - operation or internal control of a process that could expose the system to adverse threats from threat events
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises

21. Resilience
A description of the overall (identified) IT risk to which the enterprise is exposed
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
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
risk control self assessment

22. IT infrastructure

23. BPR
The process for systematically avoiding risk - constituting one approach to managing risk
Standards standards published by: ISACA
Business Process Reengineering
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity

24. BCP
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
Software Engineering Institute
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

25. Business process owner
operationally critical threat and vulnerability evaluation
risk management information systems
Business Process Reengineering
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

26. Internal controls
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
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.
The policies - procedures - practices and organizational structures designed to provide reasonable assurance that business
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)

27. Business impact analysis/assessment (BIA)
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
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
A probable situation with uncertain frequency and magnitude of loss (or gain)
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

28. Key performance indicator (KPI)
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
The ability to exercise judgment - express opinions and present recommendations with impartiality
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
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

29. Business goal

30. Inherent risk
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
The ability to exercise judgment - express opinions and present recommendations with impartiality
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
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

31. Confidentiality
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.
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
The ability to exercise judgment - express opinions and present recommendations with impartiality
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude

32. treadway
commission
Methodology for Information Systems Risk Analysis and Management
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
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

33. Data custodian
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
operationally critical threat and vulnerability evaluation

34. System development life cycle (SDLC)
certified in risk and information systems control
Carnegie Mellon University
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
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

35. BSI
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
British Standards Institution
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 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

36. IT risk
critical success factor
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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.
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm

37. Loss event

38. CRISC
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
Methodology for Information Systems Risk Analysis and Management
certified in risk and information systems control
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.

39. Governance
The process for systematically avoiding risk - constituting one approach to managing risk
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
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
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.

40. 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
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
Business Process Reengineering
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.

41. Enterprise risk management (ERM)

42. Key risk indicator (KRI)
Software Engineering Institute
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
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

43. Reputation risk

44. Risk mitigation
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
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 management of risk through the use of countermeasures and controls
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

45. RMIS
certified in risk and information systems control
Failure modes effects analysis
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
risk management information systems

46. Impact analysis
A probable situation with uncertain frequency and magnitude of loss (or gain)
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
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
Software Engineering Institute

47. IEC
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
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
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

48. SIE
Software Engineering Institute
A further development of the business goals into tactical targets and desired results and outcomes
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. 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

49. Risk portfolio view
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
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
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

50. Risk avoidance
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
risk management framework
British Standards Institution
The process for systematically avoiding risk - constituting one approach to managing risk