Which of the following is the MOST important reason to maintain key risk indicators (KRIs)?
Which of the following is the MOST important reason to maintain key risk indicators (KRIs)?
Maintaining key risk indicators (KRIs) is crucial because threats and vulnerabilities change over time. The risk environment is dynamic, with new threats emerging and old ones evolving. Consistently updating KRIs ensures that an organization can effectively monitor and adapt to these changes, thus maintaining a relevant and responsive risk management framework.
D. Threats and vulnerabilities change over time Maintaining key risk indicators (KRIs) is important primarily because threats and vulnerabilities change over time. KRIs are designed to help organizations monitor and assess the evolving risks they face. By tracking these indicators, an organization can better adapt to changing circumstances and take appropriate actions to mitigate risks or seize opportunities. While all the other options (A, B, and C) are relevant considerations in risk management, the most critical reason for maintaining KRIs is to stay current and responsive to the changing risk landscape.
Risk reporting should be the option as KRI provides input to that
The Question is on maintaining and updating the KRIs and not about the process of assessing the KRIs periodically nor reporting on them.
This was a question during my training last week... D is the correct answer...
Noticed during review of questions people were saying current exams seem to be more likely to have questions starting at 400 and higher, for what it is worth.
Risk reporting should be the option as KRI provides input to that ( Correct Answer is D ) ref: https://shorter.me/CertifiedinRiskandInformationSystemsControl
D. Threats and vulnerabilities change over time
Ans is D
D. Threats and vulnerabilities change over time. While all the options listed are important considerations for maintaining KRIs, the primary purpose of KRIs is to monitor and assess risks in an organization. Threats and vulnerabilities in the business environment are dynamic and constantly evolving. Therefore, it is crucial to regularly update and maintain KRIs to ensure they accurately reflect the changing risk landscape. By doing so, organizations can proactively identify and address emerging risks, making option D the most important reason.
( Correct Answer is D ) Dumpsspot CRISC PDFs were invaluable. Precise content, verified questions, and detailed answers. Passed confidently! https://www.linkedin.com/in/billie-kaif-372a26271/
Did you guys have to do all 1800 questions? seems a lot
Correct Answer D