To gain a clear understanding of the impact that a new regulatory requirement will have on an organization's information security controls, an information security manager should FIRST:
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A. B. C. D.B.
When a new regulatory requirement is introduced, it is crucial for an information security manager to assess the impact it may have on the organization's information security controls. Conducting a risk assessment would be the best first step for the information security manager to take.
A risk assessment is a systematic process of identifying, analyzing, and evaluating potential risks to an organization's operations, assets, or individuals. By conducting a risk assessment, the information security manager can identify the potential risks that the new regulatory requirement may pose to the organization's information security controls. The risk assessment can also identify the areas where the organization is already compliant with the new requirement and areas where it is not.
Performing a gap analysis could be a secondary step to a risk assessment. It is a process of comparing the organization's current information security controls against the new regulatory requirement to identify any gaps or deficiencies that exist. A gap analysis can provide more detailed information on the specific changes that need to be made to meet the new requirement.
Conducting a cost-benefit analysis is also important, but it should not be the first step. A cost-benefit analysis should be conducted after the risks and gaps have been identified to determine the costs of implementing the necessary changes and the benefits that will be obtained.
Interviewing senior management may provide valuable insights into the organization's operations, but it is not the best first step when a new regulatory requirement is introduced. Senior management can provide information on the organization's existing information security controls, but they may not be aware of the new regulatory requirement and its implications. Therefore, it is important to conduct a risk assessment to determine the impact of the new regulatory requirement on the organization's information security controls.