CRISC IT Risk Assessment Practice Question
An organization is considering purchasing cyber insurance to cover potential losses from a data breach. This is an example of which risk treatment option?
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
✓
Transfer
Transferring risk to a third party, such as an insurance company, is a risk transfer strategy. The insurance company assumes the financial risk in exchange for premiums.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Accept
Why it's wrong here
Incorrect; acceptance retains risk without mitigation.
- ✓
Transfer
Why this is correct
Correct; insurance transfers financial risk to the insurer.
- ✗
Avoid
Why it's wrong here
Incorrect; avoidance eliminates the activity.
- ✗
Mitigate
Why it's wrong here
Incorrect; mitigation implements controls.
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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.