Prioritizing Remediation Activities for Regulatory Requirements | Information Security Manager Guide

Best Practices for Prioritizing Remediation Activities to Meet Regulatory Requirements

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Question

Which of the following would BEST help an information security manager prioritize remediation activities to meet regulatory requirements?

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A. B. C. D.

D.

As an information security manager, prioritizing remediation activities to meet regulatory requirements is crucial for protecting sensitive information and maintaining compliance. The BEST approach to prioritizing remediation activities would depend on several factors, including the organization's risk tolerance, regulatory requirements, available resources, and the nature of the vulnerabilities identified.

Out of the options given, the most appropriate approach for prioritizing remediation activities to meet regulatory requirements would be the Annual Loss Expectancy (ALE) of noncompliance (Option B). Here's why:

Annual Loss Expectancy (ALE) is a calculation that estimates the annual cost of a particular security threat to an organization, taking into account the probability of the threat occurring and the potential financial impact. In the context of regulatory compliance, ALE can help organizations prioritize remediation activities by focusing on those threats that pose the greatest financial risk.

For example, suppose an organization is subject to the Health Insurance Portability and Accountability Act (HIPAA) and has identified several vulnerabilities in its IT infrastructure that could result in a breach of patient data. By calculating the ALE of each vulnerability, the organization can prioritize the remediation activities that are most likely to result in non-compliance with HIPAA and could potentially result in costly fines or legal action.

A Capability Maturity Model Matrix (Option A) could be useful in evaluating an organization's overall security maturity level, but it may not provide specific guidance on which vulnerabilities to prioritize for remediation. It may be helpful in identifying areas for improvement and guiding the development of a security improvement plan.

The Cost of associated controls (Option C) could help determine the financial feasibility of implementing specific controls to address identified vulnerabilities. However, it may not take into account the potential financial impact of non-compliance with regulatory requirements.

Alignment with the IT strategy (Option D) is important, but it may not necessarily provide guidance on which vulnerabilities to prioritize for remediation to meet regulatory requirements.

In summary, while all the options listed could be useful in some way for an information security manager, the Annual Loss Expectancy (ALE) of noncompliance is the BEST approach for prioritizing remediation activities to meet regulatory requirements.