CRISC Risk Response and Reporting Practice Question
A risk manager is designing a third-party risk management program. Which THREE factors should be considered when determining the risk tier of a vendor?
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
✓
The type of data the vendor will access
Data access, service criticality, and the vendor's security posture are key factors in risk tiering.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
The vendor's physical location
Why it's wrong here
Location may be relevant for legal reasons but not primary.
- ✓
The type of data the vendor will access
Why this is correct
Data sensitivity is a primary factor.
- ✗
The vendor's annual revenue
Why it's wrong here
Revenue is not directly relevant to risk tier.
- ✓
The vendor's security certifications and audit results
Why this is correct
Security posture evidence influences tier.
- ✓
The criticality of the service provided
Why this is correct
Service criticality to business operations is key.
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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.