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Information Security Risk ManagementhardMultiple ChoiceObjective-mapped

CISM Information Security Risk Management Practice Question

A risk manager is aggregating risks across the enterprise and finds that multiple individual risks, each with low impact and low probability, could combine to create a significant risk. What is the best approach to address this?

⚠ Common exam trap

The trap here is that candidates mistakenly apply the 'low probability, low impact' rule from individual risk assessment and ignore the need for aggregation, failing to recognize that the sum of many small risks can exceed the enterprise risk tolerance.

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Use a risk aggregation model to assess cumulative impact and consider enterprise-level controls

Risk aggregation models are specifically designed to quantify the cumulative impact of multiple low-level risks that, when combined, exceed the enterprise's risk appetite. This approach aligns with the CISM domain of Information Security Risk Management, where enterprise-level controls (e.g., centralized monitoring, compensating controls) are necessary to address systemic risk that individual risk treatments cannot mitigate. The key insight is that the combined probability of correlated or cascading events may be higher than the product of individual probabilities, especially when risks share common root causes.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Ignore the individual risks as they are low priority

    Why it's wrong here

    Ignoring risks prevents proper risk management.

  • Use a risk aggregation model to assess cumulative impact and consider enterprise-level controls

    Why this is correct

    Aggregation provides a holistic view and appropriate mitigation.

  • Accept the risk because the probability of all occurring simultaneously is negligible

    Why it's wrong here

    The probability of combined occurrence may still be significant.

  • Treat each individual risk separately with minimal controls

    Why it's wrong here

    This does not address the cumulative risk.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CISM practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CISM exam.