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.
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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.?
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A database administrator is responsible for: A. maintaining the access security of data residing on the computers. B. implementing database definition controls. C. granting access rights to users. D. defining system's data structure.
Which of the following is the basic objective of a control self-assessment program?
Which of the following duties would be a concern if performed along with systems administration? A. Maintenance of access rules B. Review of system audit trail C. Data librarian D. Performance monitoring
Which of the following is a measure of the size of an information system based on the number and complexity of a system?s inputs, outputs and files? A. Function point (FP) B. Program evaluation review technique (PERT) C. Rapid application design (RAD) D. Critical path method (CPM)
Which of the following is an object-oriented technology characteristic that permits an enhanced degree of security over data? A. Inheritance B. Dynamic warehousing C. Encapsulation D. Polymorphism
Which of the following is a detective control? A. Physical access controls B. Segregation of duties C. Backup procedures D. Audit trails
The role of IT auditor in complying with the Management Assessment of Internal Controls (Section 404 of the Sarbanes-Oxley Act) is: A. planning internal controls B. documenting internal controls C. designing internal controls D. implementing internal controls
When implementing continuous monitoring systems an IS auditor's first step is to identify: A. reasonable target thresholds. B. high-risk areas within the organization. C. the location and format of output files. D. applications that provide the highest potential payback.
Which of the following methods of providing telecommunication continuity involves routing traffic through split- or duplicate-cable facilities? A. Diverse routing B. Alternative routing C. Redundancy D. Long haul network diversity
An IS auditor conducting a review of disaster recovery planning at a financial processing organization has discovered the following: * The existing disaster recovery plan was compiled two years ago by a systems analyst in the organization's IT department using transaction flow projections from the operations department. * The plan was presented to the deputy CEO for approval and formal issue, but it is still awaiting his attention. * The plan has never been updated, tested or circulated to key management and staff, though interviews show that each would know what action to take for their area in the event of a disruptive incident. The basis of an organization's disaster recovery plan is to reestablish live processing at an alternative site where a similar, but not identical hardware configuration is already established. The IS auditor should: A. take no action as the lack of a current plan is the only significant finding. B. recommend that the hardware configuration at each site should be identical. C. perform a review to verify that the second configuration can support live processing. D. report that the financial expenditure on the alternative site is wasted without an effective plan.
A PRIMARY benefit derived from an organization employing control self-assessment (CSA) techniques is that it: A. can identify high-risk areas that might need a detailed review later. B. allows IS auditors to independently assess risk. C. can be used as a replacement for traditional audits. D. allows management to relinquish responsibility for control.
Which of the following pairs of functions should not be combined to provide proper segregation of duties? A. Tape librarian and computer operator B. Application programming and data entry C. Systems analyst and database administrator D. Security administrator and quality assurance
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