The department head of application development has decided to accept the risks identified in a recent assessment. No recommendations will be implemented, even though the recommendations are required by regulatory oversight. What should the information security manager do NEXT?
When the department head decides to accept the risks identified in an assessment, especially if they are required by regulatory oversight, the next step for the information security manager is to formally document the decision. This ensures that the decision is officially recorded, providing a traceable record of acceptance for future reference and compliance. Documentation is crucial for transparency, accountability, and any potential audits or investigations that may arise due to regulatory requirements.
A. is the best answer. Why the heck would you do D AGAIN? You just did an assessment. Formally documenting to me means get this shit in front of the executives in the organziation and provide their awareness. Unfortunately, or fortunately, it is a CYA(Cover Your Ass) step as well, which is very important.
you do D again, because the Department Head doesnt know about regulatory comments
The risk assessment is already done. At this point you are just documenting the official decision.
A. Formally document the decision.
A is correct, document the decision first and add it to the risk register.
D. Perform a risk reassessment.
This has already been done
The risk assessment is already done!
document the decision.
risk accepted > track the decision
I think B
It should be to Document the decision
The risk should be monitored
I think B may the correct answer. Because the accepted risk is related to regulatory requirements; hence the SM first review regulations before go for other options
A. Formally document the decision.
A. Formally document the decision. This action ensures there is an official record of the department head's acceptance of the risks, which is crucial for transparency, accountability, and for any potential future disputes or investigations, especially given the regulatory implications.
When performing a risk reassessment, you will also look at the regulations and the current existing controls. After the reassessment you will formally document the decision.