PECB ISO-IEC-27005-Risk-Manager Exam With Confidence Using Practice Dumps

Based on the NIST Risk Management Framework (RMF), the last step of the risk management process is "Monitoring Security Controls." This step involves continuously tracking the effectiveness of the implemented security controls, ensuring they remain effective against identified risks, and adapting them to any changes in the threat landscape. Option A correctly identifies the final step.

According to ISO/IEC 27005, the output of the documentation of risk management processes should include detailed information about the results of the risk assessment and the chosen risk treatment options. This ensures transparency and provides a clear record of the decision-making process related to information security risk management. Therefore, option B is the correct answer.

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Biotide uses the OCTAVE Allegro methodology for risk assessment. This is determined based on the description of the activities mentioned in the scenario. OCTAVE Allegro is a streamlined approach specifically designed to help organizations perform risk assessments that are efficient and effective, particularly when handling information assets. The methodology focuses on a thorough examination of information assets, the threats they face, and the impact of those threats.

Activity Area 1: OCTAVE Allegro defines the criteria for evaluating the impact of risks, which is consistent with determining the risk effects' evaluation criteria in the scenario.

Activity Area 2: In OCTAVE Allegro, a critical step is creating profiles for information assets, identifying their owners, and determining security requirements. This aligns with the activity in which Biotide identifies critical assets, their owners, and their security needs.

Activity Area 3: Identifying areas of concern that initiate risk identification and analyzing threat scenarios is central to OCTAVE Allegro. This is reflected in the activity of identifying areas of concern and determining the likelihood of threats.

Activity Area 4: Evaluating the risks, reviewing criteria, and determining risk levels corresponds to the latter stages of OCTAVE Allegro, where risks are prioritized based on the likelihood and impact, and risk management strategies are formulated accordingly.

The steps outlined align with the OCTAVE Allegro approach, which focuses on understanding and addressing information security risks comprehensively and in line with organizational objectives. Hence, option A, OCTAVE Allegro, is the correct answer.

ISO/IEC 27005:2018 emphasizes the importance of using structured methodologies for information security risk management, like OCTAVE Allegro, to ensure that risks are consistently identified, assessed, and managed in accordance with organizational risk tolerance and objectives.