CRISC Information Technology and Security Practice Question
An organization is considering cyber insurance to transfer residual risk. Which factor would MOST significantly influence the premium?
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
✓
Security controls and incident history
Insurers assess the organization's security controls and past incidents to determine risk level, which directly affects premium.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Industry sector
Why it's wrong here
Industry affects risk but is not the most significant factor.
- ✗
Company revenue
Why it's wrong here
Revenue may affect coverage limits but not the premium rate as much.
- ✓
Security controls and incident history
Why this is correct
Insurers heavily weigh security maturity and past claims.
- ✗
Number of employees
Why it's wrong here
While it might be a factor, it is not as significant as security posture.
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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.