Which of the following is MOST critical to have in place before management can establish an IT risk assessment and response approach?
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A. B. C. D.B.
Before management can establish an IT risk assessment and response approach, it is most critical to have defined roles and responsibilities in place. This is because without clearly defined roles and responsibilities, there may be confusion over who is responsible for managing and responding to IT risks, which can lead to ineffective or incomplete risk assessments and responses.
Having a portfolio of IT investments, historic data on risk events, and a balanced scorecard are also important for effective IT risk management. A portfolio of IT investments can help identify areas of high risk and ensure that resources are allocated appropriately to manage those risks. Historic data on risk events can provide insights into past incidents and help identify potential areas of vulnerability. A balanced scorecard can help measure progress and identify areas for improvement.
However, these factors are not as critical as having defined roles and responsibilities. Without a clear understanding of who is responsible for managing IT risks and how they are expected to do so, it is unlikely that any risk assessment or response approach will be effective. Therefore, it is important for management to establish clear roles and responsibilities as the first step in any IT risk management strategy.