CRISC · Question #348
Which of the following should be the FIRST course of action if the risk associated with a new technology is found to be increasing?
The correct answer is B. Revise the current risk action plan. If risk associated with new technology is increasing, the first action should be to revise the existing risk action plan to address the new or escalating risks.
Question
Which of the following should be the FIRST course of action if the risk associated with a new technology is found to be increasing?
Options
- ARe-evaluate current controls.
- BRevise the current risk action plan.
- CEscalate the risk to senior management.
- DImplement additional controls.
How the community answered
(28 responses)- A7% (2)
- B82% (23)
- C4% (1)
- D7% (2)
Why each option
If risk associated with new technology is increasing, the first action should be to revise the existing risk action plan to address the new or escalating risks.
Re-evaluating current controls is a component of revising the risk action plan, not the overarching first step.
When the risk associated with a new technology is found to be increasing, it indicates that the current strategies or controls outlined in the existing risk action plan are insufficient or outdated. The immediate and primary course of action should be to revise this plan to incorporate new mitigation strategies, adjust existing controls, or redefine risk acceptance levels to effectively manage the escalating risk.
Escalation to senior management is appropriate for significant, unmitigated risks, but it should typically occur after attempting to revise the action plan or if the revised plan still cannot address the risk.
Implementing additional controls is a potential outcome of a revised risk action plan, not the initial action itself.
Concept tested: Risk response and action planning
Topics
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