CRISC Certification: A Comprehensive Guide For 2021

Introduction

In a technology-driven challenging business world, where information is cloud-based and with the increase in digital revolution across all businesses, professionals have to advance their expertise in the IT security area. Also, taking into account a radical rise in security infringement globally, professionals must upskill to stay germane in a technical and competitive market.

In this article let us look at:

1. What CRISC Certification stands for?
2. Why is it Important?
3. How to Get CRISC Certification?
4. How Much Is the CRISC Exam costs?
5. Job Opportunities and Salary

1. What CRISC Certification stands for?

CRISC is an ellipsis for Certified in Risk and Information Systems Control. This certification program is a detailed and comprehensive study of the skill of IT professionals in risk management. Besides IT experts working in an IT organization or financial institution, other professionals can also gain from this certification. This certification gives professionals the knowledge they require for efficiently managing IT risk in their company. 

Certified individuals can proficiently help organizations with their top level of practical understanding of business risk. This knowledge is then applied to the efficiency and safety of IT security processes, models, and controls. CRISC certification is rising in fame as well as demand.

The ISACA website describes CRISC as “the most modern and thorough assessment available to evaluate the risk management ability of IT professionals and other employees within an organization or financial institution.”

The below-mentioned professionals benefit largely from CRISC certification:

• IT professionals
• Control professionals
• Risk professionals
• Business analysts
• Compliance professionals
• Project managers

2. Why is it Important?

Risk management is a huge thing nowadays, considering the increase of crimes, especially in hacking, data theft, and fraud. Nowadays, with most of our professional and personal lives shifting to the digital world, cyber-security became a priority, particularly for organizations. After all, a major data breach could result in tarnishing the image of a reputed company with sizeable monetary losses or even insolvency for the company. A business that cannot keep its transactions safe and secure is considered risky and untrustworthy and can cause permanent damage to the client base and reputation. Business data are highly confidential, and no client would allow a breach of secrecy.

Certified in Risk and Information Systems Control certification is a futuristic thing. Certified professionals in CRISC will better understand IT risks and how they affect all the departments in an entire organization. Also, they make strategies and plan for handling those risks. CRISC professionals set up a common language to understand and communicate between the IT groups and stakeholders.

Certified in Risk and Information Systems Control certification:

• It is a concrete indicator of your expertise and knowledge as a risk professional
• Increases your worth for any organization which wants to manage IT risk efficiently
• It gives you an edge over other contenders looking for a position or applying for a promotion.
• Allows you access to the ISACA community, including the most up to date ideas concerning IT risk management
• It helps you gain and sustain a high yardstick of professional conduct via ISACA’s requirements for continued education and ethics.

3. How to Get CRISC Certification?

Bearing in mind all the advantages, you must be thinking about how to get ISACA CRISC certification. Prerequisites to gain certification in risk and information systems control:

The first step is to clear the Certified in Risk and Information Systems Control examination.

Try to get experience in IT risk management and information systems control; at least 3 years of cumulative work experience as a CRISC professional. Please note that there will be no experience substitutions or waivers. You have to put in the real hard work! Every work experience must be confirmed independently by your company.

Submit a complete CRISC Application. The work experience must be earned within the 10 years previous to the certification application date or within five years from the date you passed the exam.

Cohere to the Code of Professional Ethics, intended to retain standards for professional and personal conduct. This contains not revealing information acquired while doing one’s duties unless mandatory to do so by law. The member must perform their duties professionally, with objectivity and due diligence in keeping with professional standards and best practices. 

4. How Much Is the CRISC Exam costs?

You have the option of many places and times to give the CRISC examination, depending on your residence and your time limitations. The CRISC exam fees are US Dollars $575 for members of ISACA and US Dollars $760 for ISACA non-members. Exam fees are neither refundable nor transferable.

The best way to succeed in the Certified in Risk and Information Systems Control exam is to analyze how it’s planned and which areas are covered. There are 4 job training domains attributed in the examination prepared by the CRISC Task Force. The four domains are IT Risk Identification, Risk Response and Mitigation, IT Risk Assessment, and Risk and Control Monitoring and Reporting.

5. Job Opportunities and Salary

You can find CRISC job opportunities in roles such as 

• CISO (Chief Information Security Officer)    
• Information Security Analyst
• Information Security Manager            
• Information Security Officer

The annual average CRISC salary would be somewhere between $100,000 to $150,000.

Conclusion

There will be an increase in the number of IT risks as more data gets into the digital platform. With a CRISC certification, a professional can efficiently practice preventing and mitigating risks whenever there is a need in the organization.

Risk management is of utmost priority to organizations. Professionals who are Certified in Risk and Information Systems Control certified can manage IT risks and are considered extremely valuable today and more so in the future. This CRISC certification can make a professional future proof. A little hard work in the right direction can lead to future success.

So, have you made up your mind to make a career in Cyber Security? Visit our Master Certificate in Cyber Security (Red Team) for further help. It is the first program in offensive technologies in India and allows learners to practice in a real-time simulated ecosystem, that will give them an edge in this competitive world.

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