Updating IT Policy Framework for Cloud Usage:
Gap Analysis: The first step in updating the IT policy framework is to conduct a gap analysis to identify discrepancies between the current state and the desired target framework for cloud usage.
Assessment of Current State: This involves reviewing existing policies, controls, and practices related to cloud usage to understand current capabilities and limitations.
Target Framework Definition: Define the desired state based on industry best practices, regulatory requirements, and organizational objectives.
Importance of Gap Analysis:
Focused Improvements: Identifying gaps allows the organization to focus on specific areas that need enhancement to align with best practices and compliance requirements.
Resource Allocation: Helps in allocating resources effectively to address the most critical gaps first.
Comparison with Other Options:
Consult with Industry Peers: Useful for gathering insights but should follow the gap analysis to ensure relevance to the organization's specific context.
Evaluate Adherence to Existing Policies: Part of the gap analysis but not the initial step.
Adopt Industry-leading Framework: Important for long-term strategy but should be based on identified gaps.
Best Practices:
Comprehensive Review: Conduct a thorough review of existing policies and compare them with industry standards.
Stakeholder Involvement: Engage relevant stakeholders in the gap analysis to ensure all perspectives are considered.
References:
CRISC Review Manual: Emphasizes the importance of gap analysis in aligning IT policies with cloud computing frameworks and best practices .
ISACA Guidelines: Recommend conducting gap analysis as a foundational step in updating IT policy frameworks to ensure comprehensive and effective cloud governance .

According to ISACA, a risk register is a tool to record and track the identified risks, their ratings, responses, and status. The primary purpose of a risk register is to provide a centralized view of risk for the organization, as it enables the consolidation, communication, and reporting of risk information across different levels, units, and functions. A risk register can also support the risk management process, such as risk identification, assessment, treatment, monitoring, and review.
References:
*ISACA, Risk IT Framework, 2nd Edition, 2019, p. 761
*ISACA, Capability Maturity Model and Risk Register Integration: The Right Approach to Enterprise Governance2

Awareness training is the most likely control that failed in this scenario, as it is designed to educate employees on the proper handling and protection of sensitive data, and the consequences of violating the organizational policy. Awareness training can help to prevent or reduce the occurrence of human errors, such as inadvertently removing a file from the premises, that may result in data loss or breach. The other options are not the most likely controls that failed, as they are either not directly related to the scenario or not sufficient to prevent the incident. Background checks are used to verify the identity, qualifications, and trustworthiness of potential or current employees, but they do not ensure that employees will always follow the policy or avoid mistakes. User access is used to restrict the access to information systems or resources based on the identity, role, or credentials of the user, but it does not prevent the user from copying or removing the data once they have access. Policy management is used to create, communicate, and enforce the organizational policy, but it does not ensure that employees will understand or comply with the policy. References = Sensitive Data Essentials - The Lifecycle Of A Sensitive File; Personal data breach examples | ICO; How do I prevent staff accidentally sending personal information ... - GCIT; 10 Ways to Protect Sensitive Employee Information; My personal data has been lost after a breach, what are my rights ...

Providing acknowledgments from receiver to sender is a control that helps to ensure that transaction data reaches its destination, as it confirms the successful delivery of the data and allows the sender to resend the data in case of failure. Securing the network from attacks, digitally signing individual messages, and encrypting data-in-transit are controls that help to ensure the integrity and confidentiality of the data, but not the availability or delivery of the data. References = CRISC by Isaca Actual Free Exam Q&As, question 199.

It is most important that security controls for a new system be documented in the system requirements. The system requirements define the functional and non-functional specifications of the system, including the security controls that are needed to protect the system and its data. Documenting the security controls in the system requirements can help ensure that they are designed, developed, tested, and implemented as part of the system development life cycle. Testing requirements, the implementation plan, and the security policy are other documents that may include security controls, but they are not as important as the system requirements. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, question 5; CRISC Review Manual, 6th Edition, page 212.