Question Tag: Risk Control

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SCS – May 2021 – L3 – Q7 – Controlling risk

Explain the process of risk management that should be adopted by SBL's board in line with ISO 31000.

Debora Dede Boateng is having sleepless nights due to the level of SBL’s risk in relation to ongoing investment. She had a discussion with Bismark, which centered on the “International Organization for Standardisation’s ISO 31000.”

Required:
Explain the process of risk management that you will recommend that should be adopted by SBL’s board in line with ISO 31000. (10 marks)

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MI – May 2016 – L1 – SA – Q20 – Information System Development and Security

Identify non-standard risk management measure.

The following are measures for the management of risks EXCEPT

A. Identifying risks to system security
B. Evaluating and prioritising the identified risks
C. Developing controls to avoid the identified risks or control the risk within acceptable limits
D. Implementing the controls and monitoring their effectiveness
E. Allowing the risks to manifest and monitor control

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SCS – May 2021 – L3 – Q7 – Controlling risk

Explain the process of risk management that should be adopted by SBL's board in line with ISO 31000.

Debora Dede Boateng is having sleepless nights due to the level of SBL’s risk in relation to ongoing investment. She had a discussion with Bismark, which centered on the “International Organization for Standardisation’s ISO 31000.”

Required:
Explain the process of risk management that you will recommend that should be adopted by SBL’s board in line with ISO 31000. (10 marks)

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MI – May 2016 – L1 – SA – Q20 – Information System Development and Security

Identify non-standard risk management measure.

The following are measures for the management of risks EXCEPT

A. Identifying risks to system security
B. Evaluating and prioritising the identified risks
C. Developing controls to avoid the identified risks or control the risk within acceptable limits
D. Implementing the controls and monitoring their effectiveness
E. Allowing the risks to manifest and monitor control

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