Automated asset management software is the best method to track asset inventory because it can provide real-time, accurate, and comprehensive data on the location, condition, value, and usage of assets. It can also help to optimize asset utilization, reduce costs, improve compliance, and enhance security.
References
*Free Asset Tracking Templates | Smartsheet
*5 Best Asset Management Software (2023) - Forbes Advisor
*What Is Asset Tracking? Benefits & How It Works - Forbes
*Inventory and Asset Tracking: Keep it Simple (But Powerful)

Utilizing secure encryption protocols is the most important factor to mitigate risk associated with data privacy when implementing a new Software as a Service (SaaS) speech-to-text solution, as it ensures that the data is protected from unauthorized access, interception, or modification during the transmission and storage in the cloud. Setting up multi-factor authentication for users, approving the solution architecture by IT, and including a risk transfer clause in the contract are not the most important factors, as they may not address the data privacy issue, but rather the data access, quality, or liability issue, respectively. References = CRISC Review Manual, 7th Edition, page 153.

Explanation/Reference:
Explanation:
Business process owners are the individuals responsible for identifying process requirements, approving process design and managing process performance. In general, a business process owner must be at an appropriately high level in the enterprise and have authority to commit resources to process-specific risk management activities.
Incorrect Answers:
B: Risk owner for each risk should be the person who has the most influence over its outcome. Selecting the risk owner thus usually involves considering the source of risk and identifying the person who is best placed to understand and implement what needs to be done.
C: Chief financial officer is the most senior official of the enterprise who is accountable for financial planning, record keeping, investor relations and financial risks.
D: Chief information officer is the most senior official of the enterprise who is accountable for IT advocacy; aligning IT and business strategies; and planning, resourcing and managing the delivery of IT services and information and the deployment of associated human resources.

is incorrect. Someone sees company's secret formula or password comes under loss of confidentiality.

An analysis of the security logs that illustrate the sequence of events is the most important information for the person responsible for managing the incident, as it can help to identify the source, scope, and impact of the security breach, and to determine the appropriate response actions. An analysis of the security logs can also provide evidence for forensic investigation and legal action, and help to prevent or mitigate future incidents by identifying the root causes and vulnerabilities. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, Question 235. CRISC by Isaca Actual Free Exam Q&As, Question 9. CRISC: Certified in Risk & Information Systems Control Sample Questions, Question
235. CRISC Sample Questions 2024, Question 235.