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Risk Response and MitigationeasyMultiple SelectObjective-mapped

CRISC Risk Response and Mitigation Practice Question

A risk practitioner is reviewing the organization's risk response strategies for a high-value asset. Which TWO of the following are examples of risk mitigation techniques? (Choose two.)

⚠ Common exam trap

It's easy for candidates to confuse risk mitigation with risk transfer (insurance) or risk acceptance, failing to recognize that mitigation involves active controls (like firewalls and patching) that reduce the risk level, not just financial compensation or inaction.

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

Implementing firewalls to protect the network perimeter.

Implementing firewalls to protect the network perimeter is a risk mitigation technique because it reduces the likelihood of unauthorized access by filtering traffic based on security rules. Firewalls operate at layers 3 and 4 (and sometimes layer 7) of the OSI model, using stateful inspection or application-layer filtering to block malicious packets. This directly lowers the probability of a successful attack on the high-value asset, which is the essence of mitigation.

Answer analysis

Option-by-option breakdown

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

  • Implementing firewalls to protect the network perimeter.

    Why this is correct

    Correct: Firewalls reduce the likelihood of network-based attacks, which is a mitigation technique.

  • Conducting regular vulnerability assessments and patching.

    Why this is correct

    Correct: Vulnerability assessments and patching reduce the likelihood or impact of exploits, which is mitigation.

  • Avoiding the risk by discontinuing the vulnerable activity.

    Why it's wrong here

    Incorrect: Avoidance eliminates the risk entirely, which is distinct from mitigation.

  • Accepting the risk because the cost of mitigation exceeds the potential loss.

    Why it's wrong here

    Incorrect: Acceptance is a separate risk response, not mitigation.

  • Purchasing cyber insurance to cover potential losses.

    Why it's wrong here

    Incorrect: Cyber insurance is a risk transfer strategy, not mitigation.

Visual reference

Source Router + ACL permit 10.0.0.0/8 deny any Server 10.0.0.5 ✓ 192.168.1.1 ✗ dropped ACLs evaluate top-down; first match wins — implicit deny all at end

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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