CRISC IT Risk Assessment Practice Question
A bank is evaluating the impact of a potential system outage. Which of the following is an example of a direct financial cost associated with this impact?
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
✓
Cost of system restoration
Direct financial costs include incident response, recovery, and notification costs.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Share price decline
Why it's wrong here
This is an indirect financial impact.
- ✗
Regulatory fines
Why it's wrong here
Regulatory fines are a regulatory impact, but still a direct cost; however, the question asks for direct financial cost, and system restoration is more direct. In CRISC, direct costs are typically incident response, recovery, and notification. Fines are regulatory, but could be considered direct. However, the best answer here is restoration cost as it is unequivocally direct.
- ✗
Loss of customer trust
Why it's wrong here
This is a reputational impact, not a direct financial cost.
- ✓
Cost of system restoration
Why this is correct
System restoration is a direct cost of the outage.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This CRISC 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 CRISC exam.