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Exam CRISC topic 1 question 1748 discussion

Actual exam question from Isaca's CRISC
Question #: 1748
Topic #: 1
[All CRISC Questions]

Which of the following is an example of risk sharing?

  • A. Rejecting a high-risk project
  • B. Outsourcing the hosting of a critical system
  • C. Investing in fault-tolerant technology
  • D. Engaging in a code escrow agreement
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Suggested Answer: B 🗳️
by Baddest at March 27, 2024, 2:29 p.m.

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Baddest
1 month ago
Selected Answer: D
D. Engaging in a code escrow agreement In a code escrow agreement, the source code of a software application is deposited with a third-party escrow agent. If the software vendor fails to meet certain obligations, such as maintaining the software or providing support, the source code can be released to the licensee. By engaging in a code escrow agreement, the risk associated with reliance on the software vendor is shared between the vendor and the licensee. If the vendor fails to fulfill its obligations, the licensee has access to the source code, mitigating the risk of dependency on the vendor.
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