CRISC Information Technology and Security Practice Question
An organization is evaluating cyber insurance to cover potential losses from ransomware attacks. The insurer requires that the organization have multi-factor authentication (MFA) on all remote access systems. This requirement is an example of which factor influencing insurance premiums?
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
✓
Premium factors
Insurers assess the organization's security controls to determine risk level; MFA is a control that reduces risk, thus affecting premiums positively.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Coverage scope
Why it's wrong here
Coverage scope defines what is covered, not premium factors.
- ✗
Incident prerequisites
Why it's wrong here
Prerequisites are conditions for coverage, not premium determinants.
- ✗
Exclusions
Why it's wrong here
Exclusions are items not covered, not premium factors.
- ✓
Premium factors
Why this is correct
Correct. Security controls like MFA are key factors in premium calculation.
Go deeper
Related to this question
About these practice questions
Courseiva writes every CRISC question from scratch — 983 in total, each with an explanation and a wrong-answer breakdown. None are copied from real exams or dumps. Learn why practice questions differ from exam dumps →
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.