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CRISC Practice Question: During a risk assessment, a risk owner is unsure…

During a risk assessment, a risk owner is unsure about the likelihood rating for a specific threat. Which of the following is the BEST source of information to determine the likelihood?

⚠ Common exam trap

ISACA often tests the misconception that the risk owner's personal experience or vendor claims are sufficient for likelihood determination, but the correct approach relies on objective, historical data from industry sources to avoid bias and ensure repeatable risk scoring.

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

Historical incident data from industry reports

Historical incident data from industry reports provides empirical evidence of threat frequency and impact across similar environments, making it the most objective and reliable source for determining likelihood. Unlike subjective opinions or unrelated financial data, industry reports aggregate real-world occurrences, enabling a data-driven risk assessment that aligns with the organization's threat landscape.

Answer analysis

Option-by-option breakdown

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

  • Vendor documentation

    Why it's wrong here

    May not reflect real-world incident frequency.

  • The risk owner's personal opinion

    Why it's wrong here

    Subjective and not evidence-based.

  • The organization's financial statements

    Why it's wrong here

    Irrelevant to threat likelihood.

  • Historical incident data from industry reports

    Why this is correct

    Provides objective data on actual occurrences.

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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.