ISACA CRISC Certification: Overview and Benefits

The accelerated extend of the Internet of Things (IoT), makes the risk of loss to cybercriminals more intense than ever. According to the latest study by PwC and Infosecurity Europe, less than 40 percent of large companies assure that their data, controlled by external providers, is encoded. To make things critical, 88 percent of global administrators state that employees steadily use their computing technologies for business prospects.

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With such a revelation, the value of a data breach can ruin a business. Add to that the damage was done to a corporate reputation and we can see why one of the popular certifications on the market is ISACA’s CRISC (Certified in Risk and Information Systems Control).

ISACA’s Certified in Risk and Information Systems Control certification is an enterprise risk management qualification, favored by experts looking to make upon their current knowledge and practice of IT/Business risk, identification, and implementation of information system controls. The certification demands prerequisite abilities such as the knowledge to manage the ongoing challenges of enterprise risk and to design risk-based information system controls.

CRISC is one of the leading certifications which help specifically IT professionals prepare for real-world threats, with relevant tools to both assess and govern risk. The CRISC certification is generally seen as the go-to accreditation for professionals in the field of risk and information systems controls or those seeking to advance their careers in this field.

Targeted Audience for CRISC Certification:

This certification is designed for professionals whose job or associated responsibility it is to manage company risks and regulates. This includes the following roles:

  • Risk professionals

  • IT professionals

  • Project managers

  • Business analysts

  • Control professionals

  • Compliance professionals

CRISC confirms that IT professionals have the skillset to approach the more unusual challenges confronting enterprise risk management. It is a universally acknowledged industry standard of distinction with hundreds of or CRISC certified professionals efficiently leading CEO and CFO positions, while hundreds more work as audit partners, chief audit executive or audit executives.

Career Benefits of ISACA CRISC Certification

ISACA CRISC certification is globally acknowledged, and so presents certification holders with essential benefits, fundamentally in evidencing to existing/potential companies and clients, that they have the skills and tools to assess and manage enterprise risk. Fundamental benefits of the CRISC certification are the following:

  • A universally accepted certification, as proof of SME knowledge in business risk and information systems control

  • Gives greater value-add to companies and consumers in risk management and assessment

  • Benefits to properly communicate risk and control topics to diverse groups such as peers and stakeholders, e.g., user base, advancement teams or C-level audience

  • Career advancement with a greater competing advantage over other applicants or peers

  • Promotes continuous improvement and up to date knowledge

ISACA CRISC certification Benefits to Employers

Employees with CRISC bring to their organization's contemporary knowledge and tools relating to risk, information systems, and controls, besides adherence to ISACA’s standard of ethical conduct. Such employees bring the following additional benefits:

  • Excellent risk evaluation skillset which can be utilized to their distinct organization

  • Proficiency to properly communicate multiple risk topics to a distinct stakeholder group

  • Conviction of their company’s risk management and control plans

  • Development of frequent and consistent specification and language about information systems and controls

Possible Career Paths

CRISC certification is the most distinguished means to evaluate the enterprise risk management proficiency of potential applicants or employees. Employers frequently seek CRISC certifications when recruiting for positions including but not restricted to:

  • IS Managers

  • IS or Business Analysts

  • Risk and Security Managers

  • Information Control Managers

  • Operations Managers

  • Chief Information Security or Compliance Officers.

CRISC certified professionals continually promote their career by obtaining new jobs, achieving more superior positions and earning higher salaries than their peers. This is directly related to their expertise to both perform risk management responsibilities more efficiently and provide excellent value to organizations.

How to Achieve ISACA CRISC Certification?

To obtain CRISC certification, you must:

  • Have at least three years of work experience in at least two of the four domains that the certification includes

  • Pass the CRISC exam

  • Adhere to ISACA professional code of ethics

The work experience must be obtained either within five years from the certification application date or no more than ten years before the application date. All work experience must be validated by suitable employers. Any applicants who do not satisfy these qualifications will be required to take the exam again.

The exam is made up of 150 questions with a required pass mark of 450. The maximum score that can be acquired is 800. Once the exam has been taken, applicants can apply for certification if all other requirements have been satisfied.

The CRISC exam has four domains, which play an important role in determining eligibility for the cert:

  • IT Risk Identification (27%)

  • IT Risk Assessment (28%)

  • Risk Response and Mitigation (23%)

  • Risk and Control Monitoring and Reporting (22%)

ISACA members and CRISC professionals are expected to adhere to a professional code of ethics at all times, it comprises but is not limited to the following:

  • Prevented from disclosing information acquired during their jobs unless legally compelled to do so.

  • Carry out duties in a professional way, due diligence and objectivity by best practices and professional standards.

  • Maintain high deportment of character and standards at all time.

  • A failure to comply with the code of ethics may drive to an investigation of the certificate holders or members. If misconduct is found, disciplinary means may be administered.

Summary

The CRISC certification is a globally acknowledged enterprise risk and controls certification, presenting important value to its holders and their management or clients. CRISC certification holders can direct evidence their expert skills as a significant differentiator, gaining a competing advantage over peers, to ultimate acquire more distinguished positions and higher salaries. Employers generally select certified skill sets in this field, with a high demand for these employees who are in comparatively short supply. The CRISC certification will, therefore, remain to be a gold standard in the field of risk and information systems control, advancing the careers from Security Analysts up to Chief Information Security Officers.

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