CRISC IT Risk Identification Practice Question
An organization is categorizing IT risks. Which of the following risk categories would include the risk of regulatory fines due to non-compliance with data protection laws?
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
✓
Compliance risk
Compliance risks involve violations of laws, regulations, or contractual obligations. Regulatory fines for data protection non-compliance fall under the compliance category.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Operational risk
Why it's wrong here
Operational risk includes failures in processes or systems, but regulatory fines are specifically compliance.
- ✓
Compliance risk
Why this is correct
Compliance risk directly addresses regulatory and legal violations.
- ✗
Financial risk
Why it's wrong here
Financial risk involves financial losses from market changes or credit, not regulatory penalties.
- ✗
Strategic risk
Why it's wrong here
Strategic risk relates to high-level goals and business strategy.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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