IT Risks
Risk is formally assessed using these two dimensions.
Impact and Likelihood
Controls that stop problems before they happen.
Preventive Controls
GEIT ensures alignment between IT and this broader organizational element.
Business Objectives
This framework is widely used for internal control over financial reporting.
COSO
This movie features a hacker named Neo discovering reality is a simulation.
The Matrix
Not separating job duties properly leads to this major risk.
Fraud Risk
A bank reconciliation is an example of this type of control.
Detective Control
This GEIT component focuses on ensuring IT delivers expected benefits.
Value Delivery
COBIT evaluates controls using this 0–5 scale concept.
Maturity Model
The only planet in our solar system that rotates on its side.
Uranus
When a system crashes or goes down, it is this type of risk.
IT/Infrastructure Risk
Controls that rely on both human input and system processing fall into this category.
IT-dependent Manual Controls
This concept describes evaluating stakeholder needs, setting direction, and monitoring outcomes.
Governance
In COSO, this component emphasizes tone at the top and ethical culture.
Control Environment
Which month has 28 days?
All of them