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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. Internal controls
The policies - procedures - practices and organizational structures designed to provide reasonable assurance that business
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
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect

2. Risk aggregation
The process of integrating risk assessments at a corporate level to obtain a complete view on the overall risk for the enterprise
Failure modes effects analysis
business continuity planning
Exists to detect and report when errors - omissions and unauthorized uses or entries occur

3. Vulnerability
A weakness in the design - implementation - operation or internal control of a process that could expose the system to adverse threats from threat events
business process modeling
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission
The individual(s) and department(s) responsible for the storage and safeguarding of computerized data

4. Risk appetite
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission
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
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

5. Governance
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
expected loss
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
cumulative summary. each value is added for a cummulative total.

6. IT risk issue
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
Standards standards published by: ISACA
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
committee of sponsoring organizations

7. Evidence
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 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
A measure of the potential severity of loss or the potential gain from realized events/scenarios

8. Key risk indicator (KRI)
expected loss
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.
The net effect - positive or negative - on the achievement of business objectives

9. Magnitude
A measure of the potential severity of loss or the potential gain from realized events/scenarios
Preserving authorized restrictions on access and disclosure - including means for protecting privacy and proprietary information
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

10. RMIS
risk management information systems
commission
expected loss
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

11. treadway
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
commission
Carnegie Mellon University
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

12. ERM
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk
Methodology for Information Systems Risk Analysis and Management
A measure of the potential severity of loss or the potential gain from realized events/scenarios
enterprise risk management

13. MAGERIT
Methodology for Information Systems Risk Analysis and Management
operationally critical threat and vulnerability evaluation
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

14. IT risk scenario
A description of the overall (identified) IT risk to which the enterprise is exposed
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
cumulative summary. each value is added for a cummulative total.
committee of sponsoring organizations

15. Project portfolio
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 (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
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 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.

16. BPM
The policies - procedures - practices and organizational structures designed to provide reasonable assurance that business
business process modeling
The remaining risk after management has implemented a risk response
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

17. Frequency
risk management information systems
A measure of the rate by which events occur over a certain period of time
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
enterprise risk management

18. Authentication

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19. System development life cycle (SDLC)
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
international organization for standards
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 (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude

20. IT risk
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 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
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 business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise

21. Risk tolerance
The net effect - positive or negative - on the achievement of business objectives
The management of risk through the use of countermeasures and controls
The acceptable level of variation that management is willing to allow for any particular risk as the enterprise pursues its objectives
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.

22. Resilience
certified in risk and information systems control
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
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

23. Business continuity plan (BCP)
A plan used by an enterprise to respond to disruption of critical business processes. Depends on the contingency plan for restoration of critical systems
Software Engineering Institute
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 of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect

24. Risk map
international organization for standards
A (graphic) tool for ranking and displaying risk by defined ranges for frequency and magnitude
critical success factor
The process of assigning risk to another enterprise - usually through the purchase of an insurance policy or by outsourcing the service

25. IT risk register
Exists to detect and report when errors - omissions and unauthorized uses or entries occur
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
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

26. FMEA
Something that happens at a specific place and/or time
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008
Failure modes effects analysis
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

27. Inherent 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
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
risk management information systems
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008

28. Event type
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.
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
Business Process Reengineering
operationally critical threat and vulnerability evaluation

29. Capability
A measure of the potential severity of loss or the potential gain from realized events/scenarios
A probable situation with uncertain frequency and magnitude of loss (or gain)
cumulative summary. each value is added for a cummulative total.
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

30. Capability Maturity Model (CMM)
international organization for standards
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
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
1. An instance of IT risk 2. A combination of control - value and threat conditions that impose a noteworthy level of IT risk

31. IT architecture

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32. Data owner
The individual(s) - normally a manager or director - who has responsibility for the integrity - accurate reporting and use of computerized data
The translation of the enterprise's mission from a statement of intention into performance targets and results
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise
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)

33. Access control
The processes - rules and deployment mechanisms that control access to information systems - resources and physical access to premises
Failure modes effects analysis
business continuity planning
Exists to detect and report when errors - omissions and unauthorized uses or entries occur

34. Business risk
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)
A measure of the potential severity of loss or the potential gain from realized events/scenarios
The business risk associated with the use - ownership - operation - involvement - influence and adoption of IT within an enterprise

35. Application controls
committee of sponsoring organizations
The policies - procedures and activities designed to provide reasonable assurance that objectives relevant to a given automated solution (application) are achieved
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
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

36. Availability
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
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
A further development of the business goals into tactical targets and desired results and outcomes
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

37. Fallback procedures
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 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 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 condition that can influence the frequency and/or magnitude and - ultimately - the business impact of IT-related events/scenarios

38. Risk portfolio view
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
Methodology for Information Systems Risk Analysis and Management
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 condition that can influence the frequency and/or magnitude and - ultimately - the business impact of IT-related events/scenarios

39. Risk 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
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
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
The management of risk through the use of countermeasures and controls

40. Reputation risk

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41. EL
expected loss
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
commission
The net effect - positive or negative - on the achievement of business objectives

42. Objectivity
commission
Any event during which a threat event results in loss. Scope Note: From Jones - J.; 'FAIR Taxonomy -' Risk Management Insight - USA - 2008
The process for systematically avoiding risk - constituting one approach to managing risk
The ability to exercise judgment - express opinions and present recommendations with impartiality

43. BCP
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
Control Objectives for Information and Related Technology
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
business continuity planning

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

45. Asset
international electrotechnical commission
The ability of a system or network to resist failure or to recover quickly from any disruption - usually with minimal recognizable effect
business process modeling
Something of either tangible or intangible value that is worth protecting - including people - information - infrastructure - finances and reputation

46. Recovery time objective
The management of risk through the use of countermeasures and controls
The amount of time allowed for the recovery of a business function or resource after a disaster occurs
international electrotechnical commission
Something that happens at a specific place and/or time

47. BSI
Software Engineering Institute
Guarding against improper information modification or destruction - and includes ensuring information non-repudiation and authenticity
British Standards Institution
Standards standards published by: ISACA

48. Threat event
Business Process Reengineering
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
Any event during which a threat element/actor acts against an asset in a manner that has the potential to directly result in harm
The amount of risk - on a broad level - that an entity is willing to accept in pursuit of its mission

49. Business case
committee of sponsoring organizations
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
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 management of risk through the use of countermeasures and controls

50. Access rights
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 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
Standards standards published by: ISACA
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)