Which of the following is the BEST way to address IT regulatory compliance risk?
A.
Assign highest priority to remediation of related risk scenarios.
B.
Prevent acceptance of related risk scenarios.
C.
Conduct specialized business impact analyses (BIAs).
D.
Manage risk like other types of operational risk.
The Answer Is:
D
This question includes an explanation.
Explanation:
Managing IT regulatory compliance risk in the same manner as other operational risks ensures a consistent and integrated approach to risk management. This involves identifying, assessing, mitigating, and monitoring compliance risks using the organization's established risk management framework. Such an approach promotes efficiency and ensures that compliance risks are not siloed but are considered within the broader context of enterprise risk management.