CRISC IT Risk Identification Practice Question
A risk manager is developing risk scenarios to present to the board. Which TWO elements are essential for connecting a risk scenario to business impact?
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
✓
Consequence (e.g., financial loss)
Consequence describes the impact, and business impact is the direct result. These two elements directly link the scenario to business outcomes.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Threat actor motivation
Why it's wrong here
Motivation is part of the threat actor profile but not directly linked to business impact.
- ✗
Vulnerability score
Why it's wrong here
Vulnerability score indicates severity but not direct business impact.
- ✗
Detection time
Why it's wrong here
Detection time affects response but is not the impact itself.
- ✓
Consequence (e.g., financial loss)
Why this is correct
Consequence directly defines the business impact.
- ✓
Business impact statement
Why this is correct
Business impact statement explicitly states the effect on the organization.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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