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IT Risk IdentificationhardMultiple SelectObjective-mapped

CRISC IT Risk Identification Practice Question

A risk manager is developing a risk scenario for a potential data breach involving a third-party cloud provider. According to the ISACA risk scenario template, which THREE elements must be included? (Select three.)

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

Asset/resource

The ISACA risk scenario template mandates the inclusion of threat actor, asset/resource, and consequence as core elements. These three components define who/what causes the risk, what is affected, and the impact.

Answer analysis

Option-by-option breakdown

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

  • Asset/resource

    Why this is correct

    The asset affected (e.g., customer data) is a key element.

  • Consequence

    Why this is correct

    Business impact is a required element.

  • Control effectiveness

    Why it's wrong here

    Control assessment is separate from the scenario definition.

  • Risk owner

    Why it's wrong here

    Risk owner is part of risk management, not the scenario itself.

  • Threat actor

    Why this is correct

    The actor (e.g., external attacker) is a required element.

About these practice questions

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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.