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CRISC IT Risk Assessment Practice Question

An organization uses the FAIR framework to assess the risk of a data breach. The risk analyst estimates that the Threat Event Frequency (TEF) is 10 per year, the Vulnerability (V) is 0.2, the Primary Loss per event is $50,000, and the Secondary Loss per event is $30,000. What is the Annualized Loss Expectancy (ALE)?

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

$160,000

ALE = LEF × LM. LEF = TEF × V = 10 × 0.2 = 2. LM = Primary Loss + Secondary Loss = $50,000 + $30,000 = $80,000. ALE = 2 × $80,000 = $160,000.

Answer analysis

Option-by-option breakdown

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

  • $100,000

    Why it's wrong here

    This might be a guess; it does not match any correct step.

  • $800,000

    Why it's wrong here

    This incorrectly multiplies TEF (10) by total loss ($80,000) without considering vulnerability.

  • $160,000

    Why this is correct

    Correct calculation: LEF=2, LM=$80,000, ALE=$160,000.

  • $80,000

    Why it's wrong here

    This is the Loss Magnitude, not the ALE.

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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.