For which of the following risk management capability maturity levels do the statement given below is true? "Real-time monitoring of risk events and control exceptions exists, as does automation of policy management"
For which of the following risk management capability maturity levels do the statement given below is true? "Real-time monitoring of risk events and control exceptions exists, as does automation of policy management"
An enterprise's risk management capability maturity level is 5 when real-time monitoring of risk events and control exceptions exists, as does automation of policy management. This level represents an optimized risk management practice that features sophisticated, continuous, and automated oversight and control mechanisms.
It's correct. Level 5. because is optimitzed with automation C. Level 5 The statement "Real-time monitoring of risk events and control exceptions exists, as does automation of policy management" aligns with the risk management capability maturity level 5. At this level, organizations have achieved a high level of maturity in their risk management practices. Level 5 represents an optimized level of risk management capability, where organizations have established a proactive and continuous risk monitoring and control framework. Real-time monitoring of risk events and control exceptions means that organizations are actively monitoring and detecting risks as they occur, allowing for immediate response and mitigation.
there are only 4 levels. this is wrong fam
It's not correct, there are 5 levels