Most Recent Isaca CGEIT Exam Questions & Answers

A data classification policy is a set of rules and standards that define how data is categorized and labeled according to its sensitivity, value, and criticality for the organization1.An effective data classification policy helps to ensure that data is properly protected, accessed, and managed throughout its lifecycle2.The best way to support the implementation of an effective data classification policy is to have clear guidelines adopted by the business, because they provide a common understanding and framework for data owners, stewards, and users to classify and handle data according to the business context and requirements3.Clear guidelines also help to ensure consistency, compliance, and accountability for data classification across the organization4.

Data Classification Policy | Information Security Office

Data Governance and Classification Policy - University of Cincinnati

Data governance processes - Cloud Adoption Framework

Data classification in the Microsoft Purview governance portal

Communicating the objectives and responsibilities to staff is the BEST way to demonstrate senior management's commitment to IT governance.IT governance is the process of ensuring that IT supports the achievement of the organization's goals and objectives, and delivers value to its stakeholders1.IT governance involves aligning the IT strategy, policies, processes, and resources with the business strategy, needs, and expectations2.However, implementing and sustaining IT governance requires a significant amount of change in the organization, such as introducing new technologies, standards, roles, and responsibilities3. Therefore, communicating the objectives and responsibilities to staff is essential for demonstrating senior management's commitment to IT governance, as it can:

Provide the direction and mandate for the IT governance initiative on an ongoing basis

Communicate the vision, mission, goals, and objectives of the IT function to all stakeholders

Allocate the necessary resources and capabilities to enable the IT governance processes and activities

Monitor and evaluate the performance and outcomes of the IT function and provide feedback and recognition

Foster a positive and collaborative culture that values IT as a strategic partner and enabler of the business

The other options are not as good as option C. While it is important to communicate the legal and regulatory requirements, the approved IT investment opportunities, and the need for enterprise architecture (EA), these are not sufficient to demonstrate senior management's commitment to IT governance. They are rather means to achieve the end goal of implementing and sustaining IT governance. They do not necessarily reflect the level of commitment, involvement, and support from the management toward IT governance.Reference:=

What is IT Governance?Definition & Examples | ASQ2

What is IT governance?A formal way to align IT & business strategy1

How to Involve Senior Management in the Information Security Governance ...3

When determining the process for meeting an internal health organization's legal and regulatory obligations following a data breach, the most important consideration is the context of the breach, including data ownership and location. Understanding who owns the breached data and where it was stored or processed is crucial for determining jurisdictional and regulatory requirements. This context informs the organization's legal obligations, such as notification requirements and potential liabilities. While organizational structure, data classification, security policy, and details of the breach and incident response efforts are relevant, the context of the breach is paramount in guiding the legal and regulatory response.

The primary motivation behind establishing an IT risk management framework is to promote responsibility throughout the enterprise for managing IT risk. An IT risk management framework is a set of principles, processes, and practices that guide and support the identification, analysis, evaluation, treatment, monitoring, and communication of IT-related risks. An IT risk management framework helps to ensure that IT risks are aligned with the enterprise's objectives, strategies, and risk appetite, and that they are effectively managed by the appropriate stakeholders.An IT risk management framework also helps to foster a culture of risk awareness and accountability within the enterprise

Before deciding whether to pursue a strategic initiative, it is important to understand the potential consequences of the risks involved. Assessing the impact of each risk means estimating how likely it is to occur and how severe its effects would be on the enterprise's objectives, performance, reputation, or resources. This can help to prioritize the most critical risks and compare them with the expected benefits of the initiative.According to one of the web search results1, ''the impact assessment is a key element of any risk management process. It helps to evaluate the significance of each risk and determine the appropriate response strategy.'' Defining the risk mitigation strategy, establishing a baseline for each initiative, and selecting qualified personnel to manage the project are important steps, but they are not the first ones. They are more likely to be part of the implementation or execution phase of the initiative, after it has been approved and funded.Reference:=Risk Impact Assessment and Prioritization