During an IT audit of a large bank, an IS auditor observes
that no formal risk assessment exercise has been carried out
for the various business applications to arrive at their
relative importance and recovery time requirements. The risk
that the bank is exposed to is that the:
A. business continuity plan may not have been calibrated to
the relative risk that disruption of each application poses
to the organization.
B. business continuity plan may not include all relevant
applications and therefore may lack completeness in terms of
its coverage.
C. business impact of a disaster may not have been
accurately understood by the management.
D. business continuity plan may lack an effective ownership
by the business owners of such applications.
- 1 Answers
- 6383 Views
- I also Faced
- E-Mail Answers
Answer / guest
Answer: A
The first and key step in developing a business continuity
plan is a risk assessment exercise that analyzes the various
risks that an organization faces and the impact of
non-availability of individual applications. Section 4.9.1.2
of BS 7799 (Standard on Information Security Management )
states that ?a strategy plan, based on appropriate risk
assessment, shall be developed for overall approach to
business continuity.?
| Is This Answer Correct ? | 3 Yes | 0 No |
When reviewing the IT strategic planning process, an IS auditor should ensure that the plan: A. incorporates state of the art technology. B. addresses the required operational controls. C. articulates the IT mission and vision. D. specifies project management practices.
Which of the following sampling methods is MOST useful when testing for compliance? A. Attribute sampling B. Variable sampling C. Stratified mean per unit D. Difference estimation
A hacker could obtain passwords without the use of computer tools or programs through the technique of: A. social engineering. B. sniffers. C. backdoors. D. trojan horses.
IS auditors reviewing access control should review data classification to ensure that encryption parameters are classified as: A. sensitive. B. confidential. C. critical. D. private.
Which of the following would normally be found in application run manuals? A. Details of source documents B. Error codes and their recovery actions C. Program flowcharts and file definitions D. Change records for the application source code
Which of the following would be included in an IS strategic plan? A. Specifications for planned hardware purchases B. Analysis of future business objectives C. Target dates for development projects D. Annual budgetary targets for the IS department
An integrated test facility is considered a useful audit tool because it: A. is a cost-efficient approach to auditing application controls. B. enables the financial and IS auditors to integrate their audit tests. C. compares processing output with independently calculated data. D. provides the IS auditor with a tool to analyze a large range of information.
Which of the following represents the MOST pervasive control over application development? A. IS auditors B. Standard development methodologies C. Extensive acceptance testing D. Quality assurance groups
During the review of a biometrics system operation, the IS auditor should FIRST review the stage of: A. enrollment. B. identification. C. verification. D. storage.
Which of the following types of data validation editing checks is used to determine if a field contains data, and not zeros or blanks? A. Check digit B. Existence check C. Completeness check D. Reasonableness check
In a client-server architecture, a domain name service (DNS) is MOST important because it provides the: A. address of the domain server. B. resolution service for the name/address. C. IP addresses for the Internet. D. domain name system.
Which of the following systems-based approaches would a financial processing company employ to monitor spending patterns to identify abnormal patterns and report them? A. A neural network B. Database management software C. Management information systems D. Computer assisted audit techniques
Cisco Certifications 
