Isaca CRISC Exam Dumps - Actual Questions Answers

Integrity is the property of data that ensures its accuracy, completeness, and consistency2. If concurrent update transactions to an account are not processed properly, the integrity of the data may be compromised, as it may lead to concurrency problems such as lost update, unrepeatable read, or phantom read3. These problems can cause the data to be incorrect, incomplete, or inconsistent, which may affect the reliability and validity of the data. Therefore, option D is the correct answer, as it reflects the impact of improper concurrent update transactions on the data integrity. The other options are not correct, as they do not directly relate to the effect of concurrent update transactions on the data. Option A, confidentiality, is the property of data that ensures its protection from unauthorized access or disclosure2. Concurrent update transactions do not necessarily affect the confidentiality of the data, as they do not involve exposing the data to unauthorized parties. Option B, accountability, is the property of data that ensures its traceability and auditability2. Concurrent update transactions do not necessarily affect the accountability of the data, as they do not involve losing the records or logs of the data transactions. Option C, availability, is the property of data that ensures its accessibility and usability2. Concurrent update transactions do not necessarily affect the availability of the data, as they do not involve preventing the access or use of the data.

Continuous monitoring of key risk indicators (KRIs) will provide an early warning so that proactive action can be taken, because it helps to detect and measure the changes or trends in the risk level or performance, and to alert the risk owners and stakeholders when the risk exceeds the predefined thresholds or targets. A KRI is a metric or indicator that helps to monitor and evaluate the likelihood or impact of a risk, or the effectiveness or efficiency of a control. A KRI can be quantitative or qualitative, and can be derived from internal or external sources. Continuous monitoring is a process of collecting and analyzing data on a regular or real-time basis, to provide timely and relevant information for decision making or action taking. Continuous monitoring of KRIs will provide an early warning, as it helps to identify and address the risk issues or incidents before they escalate or cause significant damage or disruption. Ensuring that risk will not exceed the defined risk appetite of the organization, providing a snapshot of the risk profile, and ensuring that risk tolerance and risk appetite are aligned are all possible outcomes of continuous monitoring of KRIs, but they are not the best answer, as they do not reflect the main purpose and benefit of continuous monitoring of KRIs, which is to provide an early warning. References = Risk and Information Systems Control Study Manual, Chapter 3, Section 3.3.2, page 97

The factor that primarily influences an organization’s capability to implement a risk management framework is the maturity of its risk culture, as it reflects the degree of awareness, understanding, and commitment of the organization’s stakeholders towards the risk management objectives, values, and practices, and affects the adoption and integration of the risk management framework across the organization. The other options are not the primary factors, as they are more related to the guidance, competence, or approval of the risk management framework, respectively, rather than the influence of the risk management framework. References = CRISC Review Manual, 7th Edition, page 99.