2. Information Risk Management – 30%

This is the largest topic out of the whole exam content. The theoretical knowledge that you should have covers the following:

• Knowledge of the management of internal or external risk factors;
• Knowledge of risk reporting requirements;
• Knowledge of analysis methodologies and risk assessment;
• Knowledge of gap analysis related to information security.
• Knowledge of threats, reliability, and current sources of information;
• Knowledge of the changes to information security program elements and events that may require risk reassessments;

The primary goal of every ISACA certification is to deliver you to the highest stages of professional triumph. The CISM or known completely as the Certified Information Security Manager is a transformative certification exam that seals your capability across different work-related aspects of management using your information security command. It is your testament of know-how in juggling risk management, program development alongside management, information security governance, and incident management with a breeze.

The CISM exam cannot be taken by every IT professional because a potential candidate should have at least five years of experience in information security and three years of experience in at least three or more of the following sectors:

• Information security governance;
• Information security governance.
• Information security incident management;
• Information security program development and management;

Furthermore, the experience mentioned above should be gained not less than ten years before applying for the exam or within five years after passing it.

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To be able to pass the CISM exam with a high result, you have to learn all the required skills. The domains that are covered in this test are the following:

• Information Risk Management (30%)

  This section will evaluate your knowledge of gap analysis techniques related to IS, risk reporting requirements, and information asset valuation methodologies. You should also know about the methods that can be used to monitor internal and external risk factors. Your skills in identifying regulatory, organizational, legal, and other applicable requirements to manage the risk of noncompliance to acceptable levels as well as monitoring for external and internal factors will be measured.

• Information Security Program Development & Management (27%)

  Here, you need to know the methods to align the IS program requirements with those of other business functions, establish effective IS awareness and training programs, as well as design and implement operational IS metrics. As for your practical skills, it is required to know how to establish and maintain the IS program in the alignment with the IS strategy, integrate the IS requirements into the organizational processes, and compile your reports to the key stakeholders.

• Information Security Governance (24%)

  For this area, you need to know the techniques that are used to develop the IS strategies, methods to plan and implement the IS governance framework, as well as considerations for communicating with the stakeholders and senior leadership. Besides that, you need to have the skills in integrating IS governance into corporate governance to ensure that all the organizational objectives and goals are supported by the IS program. The potential candidates need to be ready to define and communicate IS responsibilities throughout the organization as well.

• Information Security Incident Management (19%)

  In this last topic, it is important to have the relevant knowledge of the external and internal incident reporting procedures and requirements, components of an incident response plan, as well as notification and escalation processes. While answering the questions from this domain, you will be tested on whether you are able to establish integration among an incident response plan, disaster recovery plan, and business continuity plan or not. Additionally, you need to have the skills in organizing, training, and equipping the incident response teams to respond to IS incidents in an effective and timely manner.

Reference: https://www.isaca.org/credentialing/cism/cism-exam-content-outline