The most helpful input to develop risk scenarios associated with hosting an organization's key IT applications in a cloud environment is conducting a risk workshop with key stakeholders. A risk workshop is a facilitated session that involves brainstorming, discussing, and analyzing the potential risks and opportunities related to a specific topic or project. A risk workshop helps to identify and prioritize the most relevant and significant risk scenarios, as well as to explore the possible causes, impacts, and responses. A risk workshop also helps to engage and align the key stakeholders, such as the business owners, IT managers, cloud providers, and risk experts, and to leverage their knowledge, experience, and perspectives. The other options are not as helpful as conducting a risk workshop, although they may provide some input or information for the risk scenario development. Reviewing the results of independent audits, performing a site visit to the cloud provider's data center, and performing a due diligence review are all activities that can help to assess the current state and performance of the cloud environment, but they do not necessarily generate or evaluate the risk scenarios. References = Risk and Information Systems Control Study Manual, Chapter 4, Section 4.2.1, page
4-13.

The next step for the risk practitioner when a key external technology supplier refuses to provide control design and effectiveness information is to review the supplier's contractual obligations. The contract between the organization and the supplier should specify the terms and conditions for the provision of the service or function, including the requirements for control design and effectiveness information. By reviewing the contract, the risk practitioner can determine if the supplier is breaching the contract and take appropriate actions to enforce the contract or terminate the relationship. Escalating the non-cooperation to management, excluding applicable controls from the assessment, and requesting risk acceptance from the business process owner are other possible steps, but they are not as effective as reviewing the supplier's contractual obligations. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, question 11; CRISC Review Manual, 6th Edition, page 144.

The number of projects going live without a security review is the best key control indicator (KCI) to indicate whether security requirements are identified and managed throughout a project life cycle, because it measures the compliance and effectiveness of the security review process. A security review is a process that ensures that the security requirements are defined, implemented, tested, and verified for each project, and that any security risks or issues are identified and resolved before the project is deployed. The number of projects going live without a security review should be minimized or eliminated, as it indicates a failure or weakness of the security review process. The other options are not the best KCIs, because they do not directly measure the identification and management of security requirements. The number of employees completing project- specific security training, the number of security projects started in core departments, and the number of security-related status reports submitted by project managers are examples of input or output indicators that measure the activities or results of the project, but not the security requirements. References = CRISC:
Certified in Risk & Information Systems Control Sample Questions

A risk event is an occurrence or situation that has a negative impact on the objectives, operations, or resources of an enterprise. A data breach at the company to be acquired is a risk event for the acquiring organization, because it can affect the value, reputation, or performance of the acquisition. A risk event can also trigger other risks or consequences that may require further actions or responses. The other options are not the correct answers, because they do not describe the situation accurately. A threat event is an occurrence or situation that exploits a vulnerability or causes harm to an asset or process. An inherent risk is the risk that exists before applying any controls or treatments. A security incident is an event that violates the security policies or procedures of an enterprise. References = CRISC: Certified in Risk & Information Systems Control Sample Questions

According to the CRISC Review Manual, one of the key objectives of risk identification is to assess the potential impact of risk events on the achievement of business objectives2. In this case, the business objective of the system is to process insurance claim payments for customers, which depends on the accuracy of claim calculation. Therefore, the impact to the accuracy of claim calculation should be the most important consideration for a risk-based review of the user requirements. The other options are less relevant or less critical for the business objective.