An IT control gap has been identified in a key process.
Who would be the MOST appropriate owner of the risk associated with this gap?
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A. B. C. D.A.
When an IT control gap is identified in a key process, the owner of the risk associated with the gap depends on the type of control gap and the organizational structure.
A. Business process owner: The business process owner is responsible for ensuring that the process is designed and operating effectively to meet the business objectives. The business process owner is accountable for the overall risk management and control of the process, including IT control gaps that could affect the process. Therefore, the business process owner could be the appropriate owner of the risk associated with the IT control gap.
B. Chief information security officer: The chief information security officer (CISO) is responsible for the overall security of the organization's information assets, including the IT systems that support the key process. The CISO is responsible for identifying and managing IT security risks, which could include the IT control gap. However, if the control gap is not related to security, the CISO may not be the appropriate owner of the risk associated with the gap.
C. Operational risk manager: The operational risk manager is responsible for identifying, assessing, and managing risks associated with the operational processes of the organization. The operational risk manager could be the appropriate owner of the risk associated with the IT control gap if it is deemed an operational risk. However, if the control gap is related to IT security or compliance, the operational risk manager may not be the appropriate owner of the risk.
D. Key control owner: The key control owner is responsible for ensuring that the specific control related to the IT control gap is operating effectively. The key control owner could be the appropriate owner of the risk associated with the IT control gap if the gap is related to the specific control. However, if the control gap is more systemic or process-related, the key control owner may not be the appropriate owner of the risk.
In conclusion, the MOST appropriate owner of the risk associated with the IT control gap depends on the type of control gap, the organizational structure, and the specific roles and responsibilities of the various stakeholders involved.