Isaca CGEIT Exam - Topic 8 Question 83 Discussion

Actual exam question for Isaca's CGEIT exam

Question #: 83
Topic #: 8

A financial services company has implemented the use of a cloud-based centralized customer relationship management (CRM) system. The company has decided to go multi-national. Which of the following should be the enterprise risk management (ERM) committee's PRIMARY consideration?

ASecurity issues

BVendor capability

CReturn on investment (ROI)

DCompliance issues

Show Suggested Answer

Suggested Answer: B

by Vivienne at Sep 06, 2024, 02:36 PM

Limited Time Offer

25%

Off

Get Premium CGEIT Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Ena

6 months ago

Wait, are we not worried about security first? That's wild!

upvoted 0 times

...

Idella

6 months ago

ROI seems important, but is it really the primary concern?

upvoted 0 times

...

Tegan

6 months ago

Compliance issues are crucial when going multinational.

upvoted 0 times

...

Marva

7 months ago

I think vendor capability should come first.

upvoted 0 times

...

Lacey

7 months ago

Security issues are definitely a top priority!

upvoted 0 times

...

Bev

7 months ago

ROI seems important, but I wonder if compliance issues might actually take precedence given the risks involved with operating in multiple jurisdictions.

upvoted 0 times

...

Alesia

7 months ago

I feel like vendor capability could be crucial too, but I guess it depends on how well the vendor can support international operations.

upvoted 0 times

...

Desmond

7 months ago

I’m not entirely sure, but I think security issues might be the primary concern since customer data is sensitive, especially in finance.

upvoted 0 times

...

Leah

8 months ago

I remember we discussed the importance of compliance issues in a global context, especially with different regulations in each country.

upvoted 0 times

...

Leonida

8 months ago

This seems like a classic risk management scenario. The key is to identify the most critical factors the ERM committee needs to focus on. I'd say security and compliance are the two biggest areas they'll need to evaluate thoroughly. Making sure the vendor can handle the international expansion is important too. But those security and regulatory issues have to be the top priorities.

upvoted 0 times

...

Avery

8 months ago

Okay, for this type of question, I'd really zero in on the core responsibilities of the ERM committee. Their primary job is to identify and manage enterprise-level risks. So I'd say the top priority here is assessing the security implications of moving to a cloud-based system across multiple countries. That's gotta be the biggest concern.

upvoted 0 times

...

Catherin

8 months ago

Hmm, this is a tough one. I'm not totally sure how to approach it. I guess I'd try to think about the biggest risks the company might face with this transition to a cloud-based, multinational CRM system. Security and compliance seem like the most important factors to consider.

upvoted 0 times

...

Fernanda

8 months ago

This seems like a pretty straightforward question. I'd focus on the key considerations for the ERM committee - security, vendor capability, ROI, and compliance. Gotta make sure the CRM system can handle the expansion to multiple countries.

upvoted 0 times

...

Jacqueline

8 months ago

Okay, let's see here. I know Oozie is a workflow scheduler for Hadoop, so the options like Java API and REST API make sense. I'm pretty confident the correct answers are B and D.

upvoted 0 times

...

Junita

1 year ago

Security issues, vendor capability, compliance issues... and the ERM committee is still debating? They must be cloud-gazing instead of focusing on the real risks.

upvoted 0 times

Gregoria

11 months ago

User 3

upvoted 0 times

...

Izetta

12 months ago

User 2

upvoted 0 times

...

Julene

12 months ago

User 1

upvoted 0 times

...

Johnson

1 year ago

Compliance issues, for sure. Gotta make sure the CRM system meets all the legal requirements in each country. Otherwise, it's a lawsuit waiting to happen.

upvoted 0 times