CRISC: CERTIFIED IN RISK AND INFORMATION SYSTEMS CONTROL REAL
EXAM QUESTIONS + DETAILED ANSWERS - LATEST VERSION - TOP RATED |
(2026/2027) PASS GUARANTEE
1. Which of the following BEST describes the primary purpose of IT risk
identification?
A. To eliminate all IT risks within the organization
B. To document and catalogue potential events that could negatively
impact IT objectives ANSWER
C. To assign financial values to all IT assets
D. To develop mitigation strategies for known vulnerabilities
Explanation: IT risk identification aims to systematically document and
catalogue potential events that could negatively impact IT objectives,
forming the foundation for all subsequent risk management activities.
2. A risk practitioner is conducting a risk assessment. Which technique
involves asking a group of experts to independently assess risks and then
sharing results to reach consensus?
A. Brainstorming
B. Delphi technique ANSWER
C. SWOT analysis
D. Bow-tie analysis
Explanation: The Delphi technique uses rounds of anonymous expert
input and feedback to reach consensus on risk assessments without the
influence of dominant personalities.
3. Which of the following is the MOST important input when identifying IT
risks for an organization?
A. Industry threat intelligence feeds
B. Vendor security advisories
C. The organization's business objectives and strategies ANSWER
, D. Historical incident logs
Explanation: Business objectives and strategies are the most critical
input because IT risks must be identified in the context of what matters
most to the organization.
4. A risk register PRIMARILY serves as:
A. A list of all completed risk mitigation actions
B. A central repository documenting identified risks, their attributes,
and current status ANSWER
C. A financial report of risk-related losses
D. A schedule for security audits
Explanation: A risk register is the central repository for all identified
risks, capturing attributes such as description, likelihood, impact, owner,
and treatment status.
5. Which of the following BEST defines a threat in the context of IT risk?
A. A weakness in a system that could be exploited
B. The potential for a threat source to exploit a vulnerability
ANSWER
C. An event that has already caused damage to IT systems
D. The likelihood that a risk will materialize
Explanation: A threat is the potential for a threat source (natural, human,
or environmental) to exploit a vulnerability, which could result in harm to
an IT asset.
6. During IT risk identification, a risk practitioner discovers that the
organization has no documented asset inventory. What is the MOST
significant implication of this gap?
A. The organization cannot purchase cyber insurance
B. Risk identification will be incomplete because assets and their
values are unknown ANSWER
C. The organization will fail compliance audits
D. Incident response activities will be delayed
, Explanation: Without a documented asset inventory, risk identification is
fundamentally incomplete because you cannot assess risk to assets you
do not know exist.
7. Which of the following is an example of a vulnerability?
A. A disgruntled employee with system access
B. An unpatched operating system ANSWER
C. A ransomware attack on a competitor
D. Flooding in a data center region
Explanation: A vulnerability is a weakness or gap in a system, process, or
control. An unpatched operating system represents a technical
vulnerability that could be exploited.
8. Risk scenarios are BEST used to:
A. Replace quantitative risk analysis
B. Provide a structured way to think about how risk events may
occur and their potential impact ANSWER
C. Assign risk ownership to IT department heads
D. Document risk treatment decisions made by management
Explanation: Risk scenarios provide structured narratives or descriptions
that help practitioners think through how a specific risk event might
unfold and what its impact could be.
9. An organization has outsourced its IT infrastructure to a third-party
provider. Who retains ultimate accountability for IT risk?
A. The third-party provider
B. The organization's IT department
C. The organization's board and senior management ANSWER
D. The regulatory authority
Explanation: Regardless of outsourcing arrangements, ultimate
accountability for IT risk always remains with the organization's board
and senior management.
, 10. Which of the following BEST describes the relationship between threats,
vulnerabilities, and risk?
A. Risk = Threat × Asset Value
B. Risk = Threat + Vulnerability + Impact
C. Risk is the likelihood that a threat will exploit a vulnerability,
resulting in an impact ANSWER
D. Risk is always equal to the cost of mitigation plus residual exposure
Explanation: Risk is fundamentally the likelihood that a threat will
exploit a vulnerability and the resulting impact on organizational
objectives.
11. A risk practitioner is reviewing third-party contracts. Which risk is of
GREATEST concern if not addressed contractually?
A. The vendor using outdated technology
B. The vendor's failure to notify the organization of a data breach
ANSWER
C. The vendor's office being located in another country
D. The vendor charging higher fees than market rates
Explanation: Failure to notify of a data breach creates significant
regulatory, legal, and reputational risk. Contractual breach notification
obligations are essential.
12. Which of the following scenarios represents a strategic IT risk?
A. A server crashes due to hardware failure
B. An employee accidentally deletes a critical file
C. The organization's legacy systems are incompatible with a new
digital business model ANSWER
D. A firewall is misconfigured
Explanation: Strategic IT risks arise when IT capabilities do not align
with or support the organization's strategic direction or future business
model.
13. When performing IT risk identification, which stakeholder group is MOST
critical to include?
EXAM QUESTIONS + DETAILED ANSWERS - LATEST VERSION - TOP RATED |
(2026/2027) PASS GUARANTEE
1. Which of the following BEST describes the primary purpose of IT risk
identification?
A. To eliminate all IT risks within the organization
B. To document and catalogue potential events that could negatively
impact IT objectives ANSWER
C. To assign financial values to all IT assets
D. To develop mitigation strategies for known vulnerabilities
Explanation: IT risk identification aims to systematically document and
catalogue potential events that could negatively impact IT objectives,
forming the foundation for all subsequent risk management activities.
2. A risk practitioner is conducting a risk assessment. Which technique
involves asking a group of experts to independently assess risks and then
sharing results to reach consensus?
A. Brainstorming
B. Delphi technique ANSWER
C. SWOT analysis
D. Bow-tie analysis
Explanation: The Delphi technique uses rounds of anonymous expert
input and feedback to reach consensus on risk assessments without the
influence of dominant personalities.
3. Which of the following is the MOST important input when identifying IT
risks for an organization?
A. Industry threat intelligence feeds
B. Vendor security advisories
C. The organization's business objectives and strategies ANSWER
, D. Historical incident logs
Explanation: Business objectives and strategies are the most critical
input because IT risks must be identified in the context of what matters
most to the organization.
4. A risk register PRIMARILY serves as:
A. A list of all completed risk mitigation actions
B. A central repository documenting identified risks, their attributes,
and current status ANSWER
C. A financial report of risk-related losses
D. A schedule for security audits
Explanation: A risk register is the central repository for all identified
risks, capturing attributes such as description, likelihood, impact, owner,
and treatment status.
5. Which of the following BEST defines a threat in the context of IT risk?
A. A weakness in a system that could be exploited
B. The potential for a threat source to exploit a vulnerability
ANSWER
C. An event that has already caused damage to IT systems
D. The likelihood that a risk will materialize
Explanation: A threat is the potential for a threat source (natural, human,
or environmental) to exploit a vulnerability, which could result in harm to
an IT asset.
6. During IT risk identification, a risk practitioner discovers that the
organization has no documented asset inventory. What is the MOST
significant implication of this gap?
A. The organization cannot purchase cyber insurance
B. Risk identification will be incomplete because assets and their
values are unknown ANSWER
C. The organization will fail compliance audits
D. Incident response activities will be delayed
, Explanation: Without a documented asset inventory, risk identification is
fundamentally incomplete because you cannot assess risk to assets you
do not know exist.
7. Which of the following is an example of a vulnerability?
A. A disgruntled employee with system access
B. An unpatched operating system ANSWER
C. A ransomware attack on a competitor
D. Flooding in a data center region
Explanation: A vulnerability is a weakness or gap in a system, process, or
control. An unpatched operating system represents a technical
vulnerability that could be exploited.
8. Risk scenarios are BEST used to:
A. Replace quantitative risk analysis
B. Provide a structured way to think about how risk events may
occur and their potential impact ANSWER
C. Assign risk ownership to IT department heads
D. Document risk treatment decisions made by management
Explanation: Risk scenarios provide structured narratives or descriptions
that help practitioners think through how a specific risk event might
unfold and what its impact could be.
9. An organization has outsourced its IT infrastructure to a third-party
provider. Who retains ultimate accountability for IT risk?
A. The third-party provider
B. The organization's IT department
C. The organization's board and senior management ANSWER
D. The regulatory authority
Explanation: Regardless of outsourcing arrangements, ultimate
accountability for IT risk always remains with the organization's board
and senior management.
, 10. Which of the following BEST describes the relationship between threats,
vulnerabilities, and risk?
A. Risk = Threat × Asset Value
B. Risk = Threat + Vulnerability + Impact
C. Risk is the likelihood that a threat will exploit a vulnerability,
resulting in an impact ANSWER
D. Risk is always equal to the cost of mitigation plus residual exposure
Explanation: Risk is fundamentally the likelihood that a threat will
exploit a vulnerability and the resulting impact on organizational
objectives.
11. A risk practitioner is reviewing third-party contracts. Which risk is of
GREATEST concern if not addressed contractually?
A. The vendor using outdated technology
B. The vendor's failure to notify the organization of a data breach
ANSWER
C. The vendor's office being located in another country
D. The vendor charging higher fees than market rates
Explanation: Failure to notify of a data breach creates significant
regulatory, legal, and reputational risk. Contractual breach notification
obligations are essential.
12. Which of the following scenarios represents a strategic IT risk?
A. A server crashes due to hardware failure
B. An employee accidentally deletes a critical file
C. The organization's legacy systems are incompatible with a new
digital business model ANSWER
D. A firewall is misconfigured
Explanation: Strategic IT risks arise when IT capabilities do not align
with or support the organization's strategic direction or future business
model.
13. When performing IT risk identification, which stakeholder group is MOST
critical to include?
