The organization level is the Tier 1 and it addresses risks from an organizational perspective.
What are the various Tier 1 activities? Each correct answer represents a complete solution.
Choose all that apply.
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A. B. C. D.The organization plans to use the degree and type of oversight, in order to ensure that the risk management strategy is being effectively carried out.Answer: D is.
The Organization Level is the Tier 1, and it addresses risks from an organizational perspective.
It includes the following points: The techniques and methodologies an organization plans to employ, to evaluate information system-related security risks.
During risk assessment, the methods and procedures the organization plans to use, to evaluate the significance of the risks identified.
The types and extent of risk mitigation measures the organization plans to employ, to address identified risks.
The level of risk tolerance.
According to the environment of operation, how the organization plans to monitor risks on an ongoing basis, given the inevitable changes to organizational information system.
incorrect.
The RMF primarily operates at Tier 3.
Tier 1 in the Risk Management Framework (RMF) is the organizational level and it addresses risks from an organizational perspective. The various Tier 1 activities that an organization should undertake to manage risk effectively are:
A. The organization plans to use the degree and type of oversight, to ensure that the risk management strategy is being effectively carried out. The organization must establish and implement a risk management strategy, and oversee its effective implementation. The type and degree of oversight should be established based on the level of risk associated with the information system.
B. The level of risk tolerance. The organization must establish the level of risk tolerance based on its mission, business objectives, and priorities. This will help determine the level of security necessary for the information system and the allocation of resources to implement the necessary security controls.
C. The techniques and methodologies an organization plans to employ, to evaluate information system-related security risks. The organization must identify and select appropriate risk assessment techniques and methodologies to evaluate the security risks associated with its information systems. These techniques and methodologies should be tailored to the organization's unique environment and risk posture.
D. The RMF primarily operates at Tier 1. This statement is incorrect. The RMF operates at all tiers, from Tier 1 (organizational level) to Tier 4 (operational level). Each tier provides a different perspective on risk management, and the RMF provides a structured and repeatable process for managing risk throughout the information system lifecycle.