CRISC IT Risk Assessment Practice Question
A company decides to purchase cyber insurance to cover potential losses from a data breach. This is an example of which risk treatment option?
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
✓
Transfer
Transferring risk to a third party through insurance is a classic risk transfer strategy.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Mitigate
Why it's wrong here
Mitigating involves implementing controls to reduce likelihood or impact.
- ✗
Accept
Why it's wrong here
Accepting means acknowledging the risk without additional controls.
- ✗
Avoid
Why it's wrong here
Avoiding would mean ceasing the activity that creates the risk.
- ✓
Transfer
Why this is correct
Insurance transfers the financial risk to the insurer.
Go deeper
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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.