You are working in an enterprise.
Your enterprise owned various risks.
Which among the following is MOST likely to own the risk to an information system that supports a critical business process?
Click on the arrows to vote for the correct answer
A. B. C. D.B.
Senior management is responsible for the acceptance and mitigation of all risk.
Hence they will also own the risk to an information system that supports a critical business process.
Incorrect Answers: A: The system users are responsible for utilizing the system properly and following procedures, but they do not own the risk.
C: The IT director manages the IT systems on behalf of the business owners.
D: The risk management department determines and reports on level of risk, but does not own the risk.
Risk is owned by senior management.
The risk ownership of an information system that supports a critical business process would typically lie with the senior management of the enterprise. This is because such information systems are critical to the functioning of the enterprise and any disruption or loss of information can have severe consequences.
Senior management is responsible for setting the overall direction and strategy of the enterprise, and they would be expected to take ownership of risks that could impact the achievement of the enterprise's objectives. Since the information system supports a critical business process, it is a risk that would be expected to fall within this category.
While system users may be responsible for using the information system correctly, they would not typically own the risk associated with the system's failure. Similarly, while the IT director may be responsible for managing the technical aspects of the information system, they would not typically own the risk associated with the system's failure either.
The risk management department may be responsible for identifying and assessing risks across the enterprise, but they would not necessarily own the risk associated with the information system that supports a critical business process. Instead, the risk management department would work with senior management to ensure that the risk is appropriately managed and mitigated.
In summary, the senior management of the enterprise is most likely to own the risk associated with an information system that supports a critical business process.