CRISC IT Risk Identification Practice Question
A retail company is establishing an IT risk universe. Which of the following should be included as a primary category of IT risk?
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
✓
Third-party risk
The IT risk universe should include all potential IT risks, and third-party risks are a key category due to reliance on vendors.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Market risk
Why it's wrong here
Market risk is typically a financial risk not specific to IT.
- ✓
Third-party risk
Why this is correct
Third-party risk is a core IT risk category.
- ✗
Inflation risk
Why it's wrong here
Inflation risk is macroeconomic, not IT risk.
- ✗
Interest rate risk
Why it's wrong here
Interest rate risk is financial, not IT-specific.
Go deeper
Related to this question
About these practice questions
One of 983 original CRISC practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →
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.