Free PDF Quiz 2025 PECB ISO-IEC-27005-Risk-Manager: PECB Certified ISO/IEC 27005 Risk Manager Newest Question Explanations

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PECB ISO-IEC-27005-Risk-Manager Exam Syllabus Topics:

Topic	Details
Topic 1	Information Security Risk Management Framework and Processes Based on ISO IEC 27005: Centered around ISO IEC 27005, this domain provides structured guidelines for managing information security risks, promoting a systematic and standardized approach aligned with international practices.
Topic 2	Other Information Security Risk Assessment Methods: Beyond ISO IEC 27005, this domain reviews alternative methods for assessing and managing risks, allowing organizations to select tools and frameworks that align best with their specific requirements and risk profile.
Topic 3	Implementation of an Information Security Risk Management Program: This domain discusses the steps for setting up and operationalizing a risk management program, including procedures to recognize, evaluate, and reduce security risks within an organization’s framework.
Topic 4	Fundamental Principles and Concepts of Information Security Risk Management: This domain covers the essential ideas and core elements behind managing risks in information security, with a focus on identifying and mitigating potential threats to protect valuable data and IT resources.

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100% Pass 2025 PECB ISO-IEC-27005-Risk-Manager –Reliable Question Explanations

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PECB Certified ISO/IEC 27005 Risk Manager Sample Questions (Q20-Q25):

NEW QUESTION # 20
What should an organization do after it has established the risk communication plan?

A. Change the communication approach and tools
B. Update the information security policy
C. Establish internal and external communication

Answer: C

Explanation:
Once an organization has established a risk communication plan, it should implement it by establishing both internal and external communication channels to ensure all stakeholders are informed and involved in the risk management process. This step is crucial for maintaining transparency, ensuring clarity, and fostering a collaborative environment where risks are managed effectively. Therefore, option C is the correct answer.
Reference:
ISO/IEC 27005:2018, Clause 7, "Communication and Consultation," which outlines the importance of establishing both internal and external communication mechanisms to ensure effective risk management.

NEW QUESTION # 21
Scenario 5: Detika is a private cardiology clinic in Pennsylvania, the US. Detika has one of the most advanced healthcare systems for treating heart diseases. The clinic uses sophisticated apparatus that detects heart diseases in early stages. Since 2010, medical information of Detika's patients is stored on the organization's digital systems. Electronic health records (EHR), among others, include patients' diagnosis, treatment plan, and laboratory results.
Storing and accessing patient and other medical data digitally was a huge and a risky step for Detik a. Considering the sensitivity of information stored in their systems, Detika conducts regular risk assessments to ensure that all information security risks are identified and managed. Last month, Detika conducted a risk assessment which was focused on the EHR system. During risk identification, the IT team found out that some employees were not updating the operating systems regularly. This could cause major problems such as a data breach or loss of software compatibility. In addition, the IT team tested the software and detected a flaw in one of the software modules used. Both issues were reported to the top management and they decided to implement appropriate controls for treating the identified risks. They decided to organize training sessions for all employees in order to make them aware of the importance of the system updates. In addition, the manager of the IT Department was appointed as the person responsible for ensuring that the software is regularly tested.
Another risk identified during the risk assessment was the risk of a potential ransomware attack. This risk was defined as low because all their data was backed up daily. The IT team decided to accept the actual risk of ransomware attacks and concluded that additional measures were not required. This decision was documented in the risk treatment plan and communicated to the risk owner. The risk owner approved the risk treatment plan and documented the risk assessment results.
Following that, Detika initiated the implementation of new controls. In addition, one of the employees of the IT Department was assigned the responsibility for monitoring the implementation process and ensure the effectiveness of the security controls. The IT team, on the other hand, was responsible for allocating the resources needed to effectively implement the new controls.
Based on scenario 5, which risk treatment option did Detika select to treat the risk of a potential ransomware attack?

A. Risk retention
B. Risk avoidance
C. Risk sharing

Answer: A

Explanation:
Risk retention involves accepting the risk when its likelihood or impact is low, or when the cost of mitigating the risk is higher than the benefit. In the scenario, Detika decided to accept the risk of a potential ransomware attack because the data is backed up daily, and additional measures were deemed unnecessary. This decision aligns with the risk retention strategy, where an organization chooses to live with the risk rather than apply further controls. Option A is the correct answer.
Reference:
ISO/IEC 27005:2018, Clause 8.6, "Risk Treatment," which discusses risk retention as an option for managing risks deemed acceptable by the organization.

NEW QUESTION # 22
Scenario 3: Printary is an American company that offers digital printing services. Creating cost-effective and creative products, the company has been part of the printing industry for more than 30 years. Three years ago, the company started to operate online, providing greater flexibility for its clients. Through the website, clients could find information about all services offered by Printary and order personalized products. However, operating online increased the risk of cyber threats, consequently, impacting the business functions of the company. Thus, along with the decision of creating an online business, the company focused on managing information security risks. Their risk management program was established based on ISO/IEC 27005 guidelines and industry best practices.
Last year, the company considered the integration of an online payment system on its website in order to provide more flexibility and transparency to customers. Printary analyzed various available solutions and selected Pay0, a payment processing solution that allows any company to easily collect payments on their website. Before making the decision, Printary conducted a risk assessment to identify and analyze information security risks associated with the software. The risk assessment process involved three phases: identification, analysis, and evaluation. During risk identification, the company inspected assets, threats, and vulnerabilities. In addition, to identify the information security risks, Printary used a list of the identified events that could negatively affect the achievement of information security objectives. The risk identification phase highlighted two main threats associated with the online payment system: error in use and data corruption After conducting a gap analysis, the company concluded that the existing security controls were sufficient to mitigate the threat of data corruption. However, the user interface of the payment solution was complicated, which could increase the risk associated with user errors, and, as a result, impact data integrity and confidentiality.
Subsequently, the risk identification results were analyzed. The company conducted risk analysis in order to understand the nature of the identified risks. They decided to use a quantitative risk analysis methodology because it would provide more detailed information. The selected risk analysis methodology was consistent with the risk evaluation criteri a. Firstly, they used a list of potential incident scenarios to assess their potential impact. In addition, the likelihood of incident scenarios was defined and assessed. Finally, the level of risk was defined as low.
In the end, the level of risk was compared to the risk evaluation and acceptance criteria and was prioritized accordingly.
Which of the following situations indicates that Printary identified consequences of risk scenarios? Refer to scenario 3.

A. Printary concluded that the complicated user interface could increase the risk of user error and impact data integrity and confidentiality
B. Printary used the list of potential incident scenarios and assessed their impact on company's information security
C. Printary identified two main threats associated with the online payment system: error in use and corruption of data

Answer: B

Explanation:
According to ISO/IEC 27005, the risk management process involves identifying, analyzing, and evaluating risks in a structured manner. Specifically, risk identification entails recognizing potential threats, vulnerabilities, and consequences to information assets. Once risks are identified, ISO/IEC 27005 emphasizes the importance of risk analysis, where risks are assessed in terms of their potential consequences and likelihood.
In the scenario, Printary followed this structured approach, aligning with the ISO/IEC 27005 framework. First, they identified the threats associated with the online payment system, which were categorized as user errors and data corruption. However, identification of threats alone does not equate to identifying the consequences of risk scenarios, as required by the risk analysis phase in ISO/IEC 27005.
The key to recognizing that Printary identified the consequences lies in the fact that they "used the list of potential incident scenarios and assessed their impact on the company's information security." This directly corresponds to ISO/IEC 27005's guidelines on risk analysis, where organizations must evaluate both the likelihood and the impact (consequences) of potential incidents on their assets. In other words, by assessing the impact of the incident scenarios, Printary is analyzing the consequences of the identified risks, which is a crucial step in the risk analysis process.
Option A refers to identifying a risk (user error leading to compromised data integrity and confidentiality), but this does not constitute a comprehensive analysis of the risk's consequences as per ISO/IEC 27005. Similarly, Option C highlights the identification of threats, but the threats themselves are not the consequences of risk scenarios.
Thus, Option B is the most accurate as it reflects Printary's alignment with ISO/IEC 27005 guidelines in assessing the potential consequences of risk scenarios by evaluating their impact on the company's information security.

NEW QUESTION # 23
Which activity below is NOT included in the information security risk assessment process?

A. Determining the risk identification approach
B. Selecting information security risk treatment options
C. Prioritizing risks for risk treatment

Answer: B

Explanation:
The information security risk assessment process, as outlined in ISO/IEC 27005, typically includes identifying risks, assessing their potential impact, and prioritizing them. However, selecting risk treatment options is not part of the risk assessment process itself; it is part of the subsequent risk treatment phase. Therefore, option C is the correct answer as it is not included in the risk assessment process.

NEW QUESTION # 24
Scenario 5: Detika is a private cardiology clinic in Pennsylvania, the US. Detika has one of the most advanced healthcare systems for treating heart diseases. The clinic uses sophisticated apparatus that detects heart diseases in early stages. Since 2010, medical information of Detika's patients is stored on the organization's digital systems. Electronic health records (EHR), among others, include patients' diagnosis, treatment plan, and laboratory results.
Storing and accessing patient and other medical data digitally was a huge and a risky step for Detik a. Considering the sensitivity of information stored in their systems, Detika conducts regular risk assessments to ensure that all information security risks are identified and managed. Last month, Detika conducted a risk assessment which was focused on the EHR system. During risk identification, the IT team found out that some employees were not updating the operating systems regularly. This could cause major problems such as a data breach or loss of software compatibility. In addition, the IT team tested the software and detected a flaw in one of the software modules used. Both issues were reported to the top management and they decided to implement appropriate controls for treating the identified risks. They decided to organize training sessions for all employees in order to make them aware of the importance of the system updates. In addition, the manager of the IT Department was appointed as the person responsible for ensuring that the software is regularly tested.
Another risk identified during the risk assessment was the risk of a potential ransomware attack. This risk was defined as low because all their data was backed up daily. The IT team decided to accept the actual risk of ransomware attacks and concluded that additional measures were not required. This decision was documented in the risk treatment plan and communicated to the risk owner. The risk owner approved the risk treatment plan and documented the risk assessment results.
Following that, Detika initiated the implementation of new controls. In addition, one of the employees of the IT Department was assigned the responsibility for monitoring the implementation process and ensure the effectiveness of the security controls. The IT team, on the other hand, was responsible for allocating the resources needed to effectively implement the new controls.
Based on the scenario above, answer the following question:
Which risk treatment option did Detika select to treat the risk regarding the update of operating system?

A. Risk modification
B. Risk retention
C. Risk sharing

Answer: A

Explanation:
Risk modification (also known as risk mitigation) involves applying controls to reduce the likelihood or impact of a risk to an acceptable level. In the scenario, Detika decided to organize training sessions for employees to ensure that they regularly update the operating systems. This action is aimed at modifying or reducing the risk associated with not updating the operating systems, which could lead to security breaches or software incompatibility. Therefore, the risk treatment option chosen by Detika for the risk regarding the update of the operating system is risk modification. Option A is the correct answer.
Reference:
ISO/IEC 27005:2018, Clause 8.6, "Risk Treatment," which includes modifying risk by implementing controls to mitigate it.

NEW QUESTION # 25
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Free PDF Quiz 2025 PECB ISO-IEC-27005-Risk-Manager: PECB Certified ISO/IEC 27005 Risk Manager Newest Question Explanations

PECB ISO-IEC-27005-Risk-Manager Exam Syllabus Topics:

100% Pass 2025 PECB ISO-IEC-27005-Risk-Manager –Reliable Question Explanations

PECB Certified ISO/IEC 27005 Risk Manager Sample Questions (Q20-Q25):

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