Which of the following is the PRIMARY objective of a risk awareness program?
A.
To demonstrate senior management support
B.
To enhance organizational risk culture
C.
To increase awareness of risk mitigation controls
D.
To clearly define ownership of risk
The Answer Is:
B
This question includes an explanation.
Explanation:
A risk awareness program is a set of activities and communication methods that aim to increase the understanding and knowledge of risk among the stakeholders of an organization. The primary objective of a risk awareness program is to enhance the organizational risk culture, which is the shared values, beliefs, and attitudes that influence how risk is perceived and managed in the organization. A risk awareness program can help to promote a risk-aware culture by:
•Educating stakeholders on the concepts and benefits of risk management
•Aligning risk management with the organization’s vision, mission, and objectives
•Encouraging stakeholder participation and collaboration in risk management processes
•Fostering a positive attitude towards risk taking and learning from failures
•Reinforcing risk management roles and responsibilities
•Recognizing and rewarding good risk management practices
[References: The answer is based on the following sources:, •CRISC Review Manual, 7th Edition, Chapter 2: IT Risk Assessment, page 781, •Developing Collective Risk Leadership Through CRISC2, , , , , , , , ]
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