Question 391 · 1243 in bank
Which of the following is MOST appropriate to communicate to senior management regarding information risk?
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Answer: A
Explanation
Senior management would define risk appetite. According to the CISM Manual, Risk appetite is the level of risk that an organization is willing to accept while in the pursuit of its mission, strategy, and objectives. Risk treatment and risk acceptance decisions should be assigned to and made by associated business owners and executives who are accountable for those decisions. The board is responsible for establishing the tone for risk appetite and risk management in the organization. To the extent that the board of directors establishes business and IT security, so, too, should the board consider risk and security in that strategy.
Source: Adapted from community discussion — Ej24356