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CRISC Practice Question: A financial institution is implementing a new…

A financial institution is implementing a new continuous monitoring solution for its transaction processing systems. The solution generates alerts for suspicious activities. Which TWO of the following are essential considerations when defining the alert thresholds?

⚠ Common exam trap

It's easy for candidates to confuse operational or procurement factors (cost, vendor support, team size) with the risk-based, data-driven technical parameters that directly control alert generation.

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

Historical transaction patterns and baseline deviations

Historical transaction patterns and baseline deviations (B) are essential because alert thresholds must be calibrated to normal behavior to minimize false positives and false negatives. Without understanding typical transaction volumes, values, and frequencies, the monitoring solution cannot distinguish legitimate activity from suspicious anomalies, rendering alerts meaningless.

Answer analysis

Option-by-option breakdown

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

  • Cost of the monitoring solution

    Why it's wrong here

    Cost is a procurement consideration, not a threshold definition factor.

  • Historical transaction patterns and baseline deviations

    Why this is correct

    Baselining ensures thresholds reflect normal behavior.

  • Vendor reputation for support

    Why it's wrong here

    Vendor reputation is unrelated to threshold calibration.

  • Number of employees in the monitoring team

    Why it's wrong here

    Team size impacts manual review capacity but not threshold logic.

  • The risk appetite of the organization

    Why this is correct

    Risk appetite determines acceptable deviation tolerance.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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