Certified Governance Risk And Compliance (CGRC) Practice Exam

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Which act recognizes the importance of information security to the economic and national interests of the United States?
Correct Answer:
FISMA
Explanation:
The Federal Information Security Management Act (FISMA) acknowledges the critical role of information security in protecting the economic and national interests of the United States. Enacted in 2002 and revised in 2014 under the Federal Information Security Modernization Act, FISMA establishes a framework for securing federal information systems. It mandates that federal agencies develop, document, and implement an information security program that includes risk management processes and security controls. The act emphasizes the need for a comprehensive approach to safeguarding sensitive information, which has implications not only for government operations but also for national security and economic stability. This makes it clear that FISMA is pivotal in promoting a robust information security posture within federal agencies, recognizing the overarching threat landscape that can impact the public sector and, by extension, the country as a whole. Other acts listed have distinct focuses; for example, the Computer Fraud and Abuse Act deals primarily with computer crimes, and the Lanham Act addresses trademark issues rather than security. The Computer Misuse Act, originating in the UK, is not applicable in a U.S. context. Therefore, FISMA stands out as the act that explicitly recognizes the importance of information security to both economic and national interests.

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