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CRISC · Question #599

A bank recently incorporated blockchain technology with the potential to impact known risk within the organization. Which of the following is the risk practitioner's BEST course of action?

The correct answer is A. reflect the results of risk assessments. Upon incorporating blockchain technology that impacts organizational risks, the risk practitioner's best course of action is to ensure that the organization's risk documentation accurately reflects the updated risk posture identified through thorough risk assessments. This…

Submitted by certguy· Apr 18, 2026IT Risk Assessment

Question

A bank recently incorporated blockchain technology with the potential to impact known risk within the organization. Which of the following is the risk practitioner's BEST course of action?

Options

  • Areflect the results of risk assessments.
  • Bbe available to all stakeholders.
  • Ceffectively support a business maturity model.
  • Dbe reviewed by the IT steering committee.

How the community answered

(36 responses)
  • A
    75% (27)
  • B
    3% (1)
  • C
    14% (5)
  • D
    8% (3)

Why each option

Upon incorporating blockchain technology that impacts organizational risks, the risk practitioner's best course of action is to ensure that the organization's risk documentation accurately reflects the updated risk posture identified through thorough risk assessments. This ensures that new and changed risks are properly recorded and understood within the risk management framework.

Areflect the results of risk assessments.Correct

When new technology like blockchain impacts existing risks, a thorough risk assessment is necessary to understand these changes. The risk practitioner's primary action is to then ensure that the outcomes and insights from these assessments are accurately documented and integrated into the organization's risk register and other relevant risk management artifacts, providing an up-to-date view of the risk landscape.

Bbe available to all stakeholders.

While making information available to stakeholders is important for transparency, it is a communication step that follows the critical action of understanding and documenting the new risk profile.

Ceffectively support a business maturity model.

Effectively supporting a business maturity model is a broader strategic objective, not the immediate and direct best course of action for managing the specific risks introduced by new technology.

Dbe reviewed by the IT steering committee.

Review by the IT steering committee is a governance and oversight step, which would logically occur *after* the risk practitioner has assessed the impact and updated the risk documentation accordingly.

Concept tested: Post-implementation risk assessment and documentation

Source: https://www.isaca.org/resources/isaca-journal/issues/2018/volume-1/isaca-and-blockchain

Topics

#Risk assessment#Emerging technology risk#Risk practitioner responsibilities

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