Mitigating Technology Risks to Acceptable Levels
Question
Mitigating technology risks to acceptable levels should be based PRIMARILY upon:
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.B.
The primary factor for mitigating technology risks to acceptable levels should be based on business process requirements. The reason is that technology risks are associated with the use of technology in various business processes. Therefore, to mitigate these risks, it is essential to understand the requirements of these business processes and how technology can be used to support them.
Business process requirements define the needs and expectations of a business process, including its objectives, inputs, outputs, and key performance indicators. By understanding these requirements, an organization can identify the potential technology risks associated with the process and develop appropriate controls and safeguards to mitigate these risks.
For example, if a business process involves the storage and processing of sensitive customer data, the organization should identify the risks associated with this data, such as data breaches or unauthorized access. Based on these risks, the organization can implement appropriate controls, such as encryption or access controls, to ensure the confidentiality and integrity of the data.
While legal and regulatory requirements and information security budget are also important factors in mitigating technology risks, they should be secondary to business process requirements. Legal and regulatory requirements provide guidelines and standards for data protection and information security, but they do not necessarily address the specific risks associated with a particular business process. Similarly, the information security budget is important for implementing security controls, but it should be aligned with the business process requirements to ensure that the controls are effective and efficient.
In summary, mitigating technology risks to acceptable levels should be primarily based on business process requirements, as they provide the context and understanding needed to identify and mitigate the specific risks associated with a business process.
