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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. Risk appetite
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
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 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 amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission

2. Authentication

3. Event type
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
Something that happens at a specific place and/or time
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
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

4. Threat event
commission
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 individual(s) and department(s) responsible for the storage and safeguarding of computerized data
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm

5. 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
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
Failure modes effects analysis
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

6. Reputation risk

7. cusum
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
business continuity planning
A weakness in the design - implementation - operation or internal control of a process that could expose the system to adverse threats from threat events
cumulative summary. each value is added for a cummulative total.

8. Recovery point objective (RPO)
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
British Standards Institution
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
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information

9. Control risk 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
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.
Business Process Reengineering
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation

10. 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
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
A further development of the business goals into tactical targets and desired results and outcomes

11. Integrity
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
Methodology for Information Systems Risk Analysis and Management
The process for systematically avoiding risk - constituting one approach to managing risk
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

12. Business impact
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 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 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 net effect - positive or negative - on the achievement of business objectives

13. Business impact analysis/assessment (BIA)
Control Objectives for Information and Related Technology
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 translation of the enterprise's mission from a statement of intention into performance targets and results
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

14. Business case
risk control self assessment
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
business process modeling
The remaining risk after management has implemented a risk response

15. Event
A measure of the rate by which events occur over a certain period of time
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
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

16. Computer emergency response team (CERT)
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 process for systematically avoiding risk - constituting one approach to managing risk
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 of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise

17. Vulnerability
Methodology for Information Systems Risk Analysis and Management
A measure of the rate by which events occur over a certain period of time
A weakness in the design - implementation - operation or internal control of a process that could expose the system to adverse threats from threat events
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.

18. Enterprise risk management (ERM)

19. IT risk register
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
British Standards Institution
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.
business process modeling

20. COBIT
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
Control Objectives for Information and Related Technology
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission

21. OCTAVE
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
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
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
operationally critical threat and vulnerability evaluation

22. IT risk profile
business process modeling
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
A description of the overall (identified) IT risk to which the enterprise is exposed
The ability to exercise judgment - express opinions and present recommendations with impartiality

23. MAGERIT
The management of risk through the use of countermeasures and controls
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 amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission
Methodology for Information Systems Risk Analysis and Management

24. Business objective
A further development of the business goals into tactical targets and desired results and outcomes
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008
enterprise risk management
international organization for standards

25. CMU
international electrotechnical commission
Carnegie Mellon University
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise

26. FMEA
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
Business Process Reengineering
Failure modes effects analysis
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.

27. BPR
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
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
Business Process Reengineering
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.

28. Preventive control
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. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
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 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.

29. RMIS
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
risk management information systems
international electrotechnical commission
Failure modes effects analysis

30. Recovery time objective
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
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
international organization for standards

31. IT risk scenario
Software Engineering Institute
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
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
The management of risk through the use of countermeasures and controls

32. IT architecture

33. BPM
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.
operationally critical threat and vulnerability evaluation
Control Objectives for Information and Related Technology
business process modeling

34. Threat
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
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)
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
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.

35. Risk transfer
cumulative summary. each value is added for a cummulative total.
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service
business process modeling
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise

36. Loss event

37. Project portfolio
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.
Failure modes effects analysis
The translation of the enterprise's mission from a statement of intention into performance targets and results
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

38. CRISC
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.
risk management information systems
certified in risk and information systems control
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service

39. Disaster recovery plan (DRP)
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 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 business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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

40. Resilience
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
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

41. CSF
business process modeling
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
business continuity planning
critical success factor

42. Data owner
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
A description of the overall (identified) IT risk to which the enterprise is exposed
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data
Control Objectives for Information and Related Technology

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

44. BCP
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 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
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
business continuity planning

45. Risk portfolio view
committee of sponsoring organizations
A description of the overall (identified) IT risk to which the enterprise is exposed
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
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

46. Application controls
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
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
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
Control Objectives for Information and Related Technology

47. Risk aggregation
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.
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 amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise

48. Asset
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation
British Standards Institution
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
risk management information systems

49. Enterprise Resource Planning (ERP)
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 translation of the enterprise's mission from a statement of intention into performance targets and results
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
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

50. Residual risk
The remaining risk after management has implemented a risk response
critical success factor
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.
enterprise risk management