ISO/IEC 27001:2022 - Information Security Management Systems Foundation Quiz 06 24Mar25 - Practice Quiz

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Question 1 of 30

Apex Innovations, a rapidly growing fintech company, relies heavily on a cloud-based customer relationship management (CRM) system to manage sensitive customer data. During a recent security audit, a critical vulnerability was identified in the CRM system that could potentially allow unauthorized access to customer information, leading to significant financial and reputational damage. The company\'s internal IT team is already stretched thin and lacks the specialized expertise required to quickly and effectively address the vulnerability. The CEO, faced with mounting pressure from the board and regulatory bodies, convenes an emergency meeting to decide on the best course of action. Given the constraints of limited internal resources, the high potential impact of the vulnerability, and the need for a rapid response, which of the following risk treatment options would be the MOST appropriate for Apex Innovations to implement in accordance with ISO/IEC 27001:2022 guidelines?

Outsource the security patching and continuous monitoring of the CRM system to a specialized cybersecurity firm, transferring some of the risk and leveraging external expertise for rapid remediation.

Accept the risk, document the vulnerability in the risk register, and implement a contingency plan to mitigate potential damage in case of a security breach, while delaying patching efforts until the next budget cycle.

Discontinue the use of the cloud-based CRM system and revert to a manual, paper-based system for managing customer data, thereby eliminating the vulnerability but significantly impacting operational efficiency.

Task the existing IT team with developing and implementing a security patch for the CRM system, despite their limited expertise and the urgency of the situation, to maintain full control over the security measures.

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