CRISC Exam, Cost, and Job Opportunities

With cybersecurity being the hot cake of the digital era, The Bureau of Labor Statistics has stated in a report that the median salary of an Information Security Analyst is $102,600. CRISC, which stands for Certified in Risk and Information Systems Control (CRISC) certification, is one of the most in-demand and prestigious certifications in the world of cybersecurity. It enhances your skills in creating a risk management plan using the best methods for spotting, studying, ranking, and dealing with risks. Accredited by ISACA, CRISC-certified professionals are getting highly paid globally as they have to stay competitive in the risk management and security market. 

CRISC Exam Format

Anyone who has a sheer enthusiasm for risk and information systems control can opt for a CRISC certification. The exam pattern is nothing hectic. To be eligible for the CRISC certification, you need at least three years of proven experience in IT risk management and information security control. Unlike certain other certifications, you can’t substitute this requirement with a graduate degree or any other experience waivers. If you think you’re prepared for the exam, you can take it. Even if you don’t meet the eligibility requirements right away, you have up to five years after passing the exam to fulfill them.

The exam fee for ISACA members is US $575 and for non-ISACA members is US $760. The certification has four domains and multiple language options. You get four chances to pass the exam in a year. If you don’t succeed on your first try, you can retake the exam up to three more times within the next twelve months. Remember, you’ll have to pay the registration fee each time you take the exam.

Image source: www.spoclearn.com

CRISC Exam Domain and Passing Score

SPOCLEARN’s CRISC certification accredited by ISACA has the exam module like the table below:

Domain	Topics Covered	Weightage
Governance	1. Organizational Governance Organizational Strategy, Goals, and ObjectivesOrganizational Structure, Roles, and ResponsibilitiesOrganizational CulturePolicies and StandardsBusiness ProcessesOrganizational Assets 2. Risk Governance Enterprise Risk Management and Risk Management FrameworkThree Lines of DefenseRisk ProfileRisk Appetite and Risk ToleranceLegal, Regulatory, and Contractual RequirementsProfessional Ethics of Risk Management	26%
IT Risk Assessment	1. IT Risk Identification Risk Events (e.g., contributing conditions, loss result)Threat Modelling and Threat LandscapeVulnerability and Control Deficiency Analysis (e.g., root cause analysis)Risk Scenario Development 2. IT Risk Analysis and Evaluation Risk Assessment Concepts, Standards, and FrameworksRisk RegisterRisk Analysis MethodologiesBusiness Impact AnalysisInherent and Residual Risk	20%
Risk Response and Reporting	1. Risk Response Risk Treatment / Risk Response OptionsRisk and Control OwnershipThird-Party Risk ManagementIssue, Finding, and Exception ManagementManagement of Emerging Risk 2. Control Design and Implementation Control Types, Standards, and FrameworksControl Design, Selection, and AnalysisControl ImplementationControl Testing and Effectiveness Evaluation 3. Risk Monitoring and Reporting Risk Treatment PlansData Collection, Aggregation, Analysis, and ValidationRisk and Control Monitoring TechniquesRisk and Control Reporting Techniques (heatmap, scorecards, dashboards)Key Performance IndicatorsKey Risk Indicators (KRIs)Key Control Indicators (KCIs)	32%
Information Technology and Security	1. Information Technology Principles Enterprise ArchitectureIT Operations Management (e.g., change management, IT assets, problems, incidents)Project ManagementDisaster Recovery Management (DRM)Data Lifecycle ManagementSystem Development Life Cycle (SDLC)Emerging Technologies 2. Information Security Principles Information Security Concepts, Frameworks, and StandardsInformation Security Awareness TrainingBusiness Continuity ManagementData Privacy and Data Protection Principles	22%

Talking about the pass marks, exam scores are being scaled thoroughly. When a candidate’s raw score is converted to the exam’s common score, it is called a scaled score. CRISC also applies the same methodology. The scaled score ensures fairness and consistency in reporting exam results across different versions. ISACA scores exams on a scale from 200 to 800. To pass, you need a score of 450 or higher, which shows you’ve met the minimum knowledge standard.

Jobs and Salary for CRISC-Certified Professionals

Many people aim for IT certifications because they believe it will make it easier for them to find jobs and move up in their careers. But getting certified means spending time, working hard, and spending money, so some wonder if it’s worth it. Well, the answer is yes, IT certifications like CRISC are worth it.

The CRISC certification can qualify individuals for career advancement in numerous different roles, including, but not limited to:

• CISO (Chief Information Security Officer)
• CCO (Chief Compliance Officer)
• Security Auditor
• Security Director
• System Engineer
• Network Architect
• Enterprise Leadership
• Operations Manager
• Information Control Manager
• IT Manager
• Security Manager
• Risk Manager
• Business Analyst
• Security Analyst
• Security Architect, and more

Ziprecruiter has given an approximate number on the salary of CRISC-certified professionals. They earn an average salary of $132,266 annually, with highest being at $192,000 per year.

The salary range for CRISC holders may vary because this certification applies to various security roles across diverse organizations. Attaining this certification can enable individuals to qualify for higher-paying positions or receive additional compensation in their current job. ISACA reports that the average annual salary for CRISC certification holders exceeds $151,000. As security professionals progress in their careers, they should consider pursuing additional professional certifications.

Given the current high demand for skilled cybersecurity professionals, obtaining a CRISC certification can lead to opportunities in mid-level positions. To explore further information on selecting the most suitable cybersecurity certifications, you can refer to available resources. According to Indeed, the average salaries for cybersecurity professionals in roles that often require or compensate for CRISC certification are as follows:

• Risk manager – $88,770
• Security engineer – $109,118
• Senior risk analyst – $93,595
• Security analyst – $85,269
• Risk analyst – $81,902

Conclusion

ISACA certifications are recognized everywhere in the world. They acknowledge both passing an exam and your work and educational background. With a CRISC certification, you gain the credibility needed to move forward in your career, whether it’s with your current employer or a new one.

CRISC shows employers that you’re capable of bringing value to their company by developing a risk-management program using the best methods for spotting, studying, ranking, and dealing with risks. The need for professionals who have the skills represented by a CRISC certification is increasing quickly, and companies around the world are actively looking for certified risk professionals.