QUESTION: 57

GlobalCloud is a cloud service provider that offers various cloud-based secure and cost- effective services to cloud consumers. The customer base of this organization increased within a short period; thus, external auditing was performed on GlobalCloud. The auditor used spreadsheets, databases, and data analyzing software to analyze a large volume of dat

Based on the given information, which cloud-based audit method was used by the auditor to collect the objective evidence?
Gap Analysis
CAAT
Striping
Re-Performance

Answer(s): B

Explanation:

Computer-Assisted Audit Techniques (CAATs) are tools and methods used by auditors to analyze large volumes of data efficiently and effectively. The use of spreadsheets, databases, and data analyzing software to scrutinize a large volume of data and collect objective evidence is indicative of CAATs.

Here's how CAATs operate in this context:

1. Data Analysis: CAATs enable auditors to handle and analyze large datasets that would be impractical to assess manually.

2. Efficiency: These techniques improve audit efficiency by automating certain parts of the audit process.

3. Effectiveness: CAATs enhance the effectiveness of audits by allowing auditors to identify trends, anomalies, and patterns in the data.

4. Software Utilization: The use of specialized audit software is a hallmark of CAATs, enabling auditors to perform complex analyses.

5. Objective Evidence: CAATs help in collecting objective evidence by providing a transparent and systematic approach to data analysis.

Reference:

An article defining CAATs and discussing their advantages and disadvantages1.

A resource explaining the role and benefits of CAATs in auditing information systems2.

A publication detailing how CAATs allow auditors to independently access and test the reliability of client systems3.

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QUESTION: 58

Global SoftTechSol is a multinational company that provides customized software solutions and services to various clients located in different countries. It uses a public cloud to host its applications and services. Global SoftTechSol uses Cloud Debugger to inspect the current state of a running application in real-time, find bugs, and understand the behavior of the code in production. Identify the service provider that provides the Cloud Debugger feature to Global SoftTechSol?

Google
AWS
IBM
Azure

Answer(s): A

Explanation:

Cloud Debugger is a feature provided by Google Cloud that allows developers to inspect the state of a running application in real-time. It is used to find bugs and understand the behavior of code in production without stopping or slowing down the application.

Here's how Cloud Debugger works for Global SoftTechSol:

1. Real-Time Inspection: Developers can take a snapshot of an application at any point in time to capture its state, including call stacks, variables, and expressions.

2. Non-Disruptive: Cloud Debugger operates without affecting the performance of the application, allowing debugging in production.

3. Code Understanding: It helps developers understand the behavior of their code under real- world conditions.

4. Integration: Cloud Debugger is integrated with other Google Cloud services, providing a seamless debugging experience.

5. Security: It ensures that sensitive data is protected during the debugging process.

Reference:

Google Cloud documentation on Cloud Debugger1.

A blog post by Google Cloud detailing the capabilities of Cloud Debugger2.

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QUESTION: 59

The tech giant TSC uses cloud for its operations. As a cloud user, it should implement an effective risk management lifecycle to measure and monitor high and critical risks regularly. Additionally, TSC should define what exactly should be measured and the acceptable variance to ensure timely mitigated risks. In this case, which of the following can be used as a tool for cloud risk management?

Information System Audit and Control Association
Cloud Security Alliance
Committee of Sponsoring Organizations
CSA CCM Framework

Answer(s): D

Explanation:

The CSA CCM (Cloud Controls Matrix) Framework is a cybersecurity control framework for cloud computing, developed by the Cloud Security Alliance (CSA). It is designed to provide a structured and standardized set of security controls that help organizations assess the overall security posture of their cloud infrastructure and services.

Here's how the CSA CCM Framework serves as a tool for cloud risk management:

1. Comprehensive Controls: The CCM consists of 197 control objectives structured in 17 domains covering all key aspects of cloud technology.

2. Risk Assessment: It can be used for the systematic assessment of a cloud implementation, providing guidance on which security controls should be implemented.

3. Alignment with Standards: The controls framework is aligned with the CSA Security Guidance for Cloud Computing and other industry-accepted security standards and regulations.

4. Shared Responsibility Model: The CCM clarifies the shared responsibility model between cloud service providers (CSPs) and customers (CSCs).

5. Monitoring and Measurement: The CCM includes metrics and implementation guidelines that help define what should be measured and the acceptable variance for risks.

Reference:

CSA's official documentation on the Cloud Controls Matrix (CCM), which outlines its use as a tool for cloud risk management1.

An article providing a checklist for CSA's Cloud Controls Matrix v4, which discusses how it can be used for managing risk in cloud environments2.

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QUESTION: 60

A private IT company named Altitude Solutions conducts its operations from the cloud. The company wants to balance the interests of corporate stakeholders (higher management, employees, investors, and suppliers) to achieve control on the cloud infrastructure and facilities (such as data centers) and management of applications at the portfolio level.
Which of the following represents the adherence to the higher management directing and controlling activities at various levels of the organization in a cloud environment?

Risk Management
Governance
Corporate Compliance
Regulatory Compliance

Answer(s): B

Explanation:

Governance in a cloud environment refers to the mechanisms, processes, and relations used by various stakeholders to control and to operate within an organization. It encompasses the practices and policies that ensure the integrity, quality, and security of the data and services.

Here's how governance applies to Altitude Solutions:

1. Stakeholder Interests: Governance ensures that the interests of all stakeholders, including higher management, employees, investors, and suppliers, are balanced and aligned with the company's objectives.

2. Control Mechanisms: It provides a framework for higher management to direct and control activities at various levels, ensuring that cloud infrastructure and applications are managed effectively.

3. Strategic Direction: Governance involves setting the strategic direction of the organization and making decisions on behalf of stakeholders.

4. Performance Monitoring: It includes monitoring the performance of cloud services and infrastructure to ensure they meet the company's strategic goals and compliance requirements.

5. Risk Management: While governance includes risk management as a component, it is broader in scope, encompassing overall control and direction of the organization's operations in the cloud.

Reference:

A white paper on cloud governance best practices and strategies.

Industry guidelines on IT governance in cloud computing environments.

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