A government agency is establishing a risk management framework for its digital services. The agency must comply with strict data residency laws and also ensure that services are resilient to cyber attacks. The agency has limited budget and cannot implement all desired controls. What should the agency do?

Prioritize controls that address the highest risks, considering both compliance and resilience.

Focus only on compliance risks because they are mandatory.

Delay the framework until more budget is available.

Implement all controls equally to ensure comprehensive coverage.

What is the primary purpose of risk management in a digital organization?

To eliminate all uncertainties from digital initiatives

To identify, assess, and control threats and opportunities that could affect objectives

To ensure that all risks are transferred to external parties

To document all possible risks in a register for compliance purposes

ITIL 4 Strategic Leader

Domain 13Objective 1

Explain the Concept of Risk Management in the Context of a Digital Organization (11.1, 11.2, 11.3 Including Subsections for All, Risk Management Practice 2.1 & 2.4 Including All Subsections) ITIL-4-STRATEGIC-LEADER-MODULES Practice Questions (Page 11)

Part of the Understand the risks and opportunities of Digital and IT Strategy domain, which makes up ~11% of our current practice bank.

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Questions 51–52

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A government agency is establishing a risk management framework for its digital services. The agency must comply with strict data residency laws and also ensure that services are resilient to cyber attacks. The agency has limited budget and cannot implement all desired controls. What should the agency do?
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52foundation · easy
What is the primary purpose of risk management in a digital organization?
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Explain the Concept of Risk Management in the Context of a Digital Organization (11.1, 11.2, 11.3 Including Subsections for All, Risk Management Practice 2.1 & 2.4 Including All Subsections) ITIL-4-STRATEGIC-LEADER-MODULES Practice Questions (Page 11)

Questions 51–52

What is the primary purpose of risk management in a digital organization?

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