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Risk and Control Monitoring & Reporting: 22%

  • Monitor and evaluate KPIs to identify trends or changes as they relate to control environments and establish the effectiveness and efficiency of the controls;
  • Account for the performance, trends, or changes to the overall control environment and risk profile to the appropriate stakeholders for decision making.
  • Constantly supervise and report on IT risks and controls to the appropriate stakeholders to sustain continuous effectiveness and efficiency of the strategy on IT risk management and ensure that it is in alignment with the business objectives;
  • Identify and ascertain key risk indicators and thresholds according to present data to allow for monitoring of risk changes;
  • Assist in the identification of KPIs and metrics to allow for the evaluation of control performance;
  • Monitor and evaluate KRI to establish trends or changes in IT risk profile to help the relevant stakeholders;

Main Requirements

To earn the ISACA CRISC certification, the applicants are required to pass a single test. Additionally, they must meet the experience-level eligibility requirement. This is at least three years of practical experience in the field of IT risk management and IS control. The experience level is an integral part of the exam prerequisites, and there is no waiver or substitution for it.

What is the duration of the CRISC Exam

  • Format: Multiple choices, multiple answers
  • Length of Examination: 4 hours

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How much CRISC Exam Cost

The price of the CRISC exam is $595 USD for ISACA members and $725 USD for Non-members.

Reference: http://www.isaca.org/certification/crisc-certified-in-risk-and-information-systems-control/pages/default.aspx

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ISACA CRISC Exam Syllabus Topics:

SectionWeightObjectives
Risk Response and Reporting32%- Risk Reporting
  • 1. Stakeholder reporting mechanisms
    • 2. Communication of risk status
      - Risk Treatment Options
      • 1. Risk mitigation strategies
        • 2. Risk transfer and avoidance
          IT Risk Assessment20%- Risk Analysis and Evaluation
          • 1. Risk prioritization
            • 2. Likelihood and impact assessment
              - Risk Identification
              • 1. Threat and vulnerability analysis
                • 2. Asset identification
                  Monitoring and Control22%- Risk Monitoring
                  • 1. Key risk indicators (KRIs)
                    • 2. Continuous monitoring processes
                      - Control Assurance
                      • 1. Control effectiveness evaluation
                        • 2. Audit and compliance support
                          Governance26%- Risk Strategy Alignment
                          • 1. Stakeholder engagement
                            • 2. Business objectives alignment
                              - Enterprise Risk Management Framework
                              • 1. Risk governance structure
                                • 2. Risk appetite and tolerance

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