Which of the following statements are NOT requirements of governance and enterprise risk management in a cloud environment?
A.
Inspect and account for risks inherited from other members of the cloud supply chain and take active measures to mitigate and contain risks through operational resiliency.
B.
Respect the interdependency of the risks inherent in the cloud supply chain and communicate the corporate risk posture and readiness to consumers and dependent parties.
C.
Negotiate long-term contracts with companies who use well-vetted software application to avoid the transient nature of the cloud environment.
D.
Provide transparency to stakeholders and shareholders demonstrating fiscal solvency and organizational transparency.
The answer is E as both B and C are correct.
Regarding B; we do not have to 'Respect' the interdependencies but can also evaluate to mitigate the risk as well. It is based on a risk assessment whether to 'respect' them which is equivalent to accepting them and do nothing or to identify mitigating controls and reduce the risk exposure. The resultant residual risk and health of mitigating controls can be reported to the management.
The statement that is NOT a requirement of governance and enterprise risk management in a cloud environment is:
C. Negotiate long-term contracts with companies who use well-vetted software application to avoid the transient nature of the cloud environment.
While negotiating long-term contracts and using well-vetted software applications can be strategies organizations employ in a cloud environment, it is not specifically a requirement of governance and enterprise risk management. The other statements mentioned, A, B, and D, align with the requirements of governance and enterprise risk management in a cloud environment, which involve inspecting and accounting for risks, respecting interdependencies, communicating risk posture, and providing transparency to stakeholders.
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shiqna
5 months, 2 weeks agoBrainiac
1 year ago