CRISC IT Risk Assessment Practice Question
A quantitative risk analysis using FAIR requires estimating which THREE primary factors?
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
✓
Vulnerability
FAIR decomposes risk into threat event frequency, vulnerability, and loss magnitude. These are the main input factors for calculating risk.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Risk appetite
Why it's wrong here
Incorrect; appetite is a management threshold, not a FAIR factor.
- ✓
Vulnerability
Why this is correct
Correct; vulnerability is the probability that threat can exploit.
- ✓
Loss magnitude
Why this is correct
Correct; LM measures impact per event.
- ✓
Threat event frequency
Why this is correct
Correct; TEF is a key factor.
- ✗
Control cost
Why it's wrong here
Incorrect; control cost is for cost-benefit, not primary risk factor.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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