CRISC IT Risk Assessment Practice Question
Which THREE of the following are components of Loss Magnitude in the FAIR framework?
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
✓
Reputational damage
FAIR splits Loss Magnitude into primary loss (direct costs) and secondary loss (indirect costs). Primary loss includes incident response and recovery; secondary loss includes reputation and lost business.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Reputational damage
Why this is correct
Part of secondary loss.
- ✗
Vulnerability severity
Why it's wrong here
Vulnerability is used in LEF calculation.
- ✓
Incident response costs
Why this is correct
Part of primary loss.
- ✓
Recovery costs
Why this is correct
Part of primary loss.
- ✗
Threat event frequency
Why it's wrong here
TEF is part of Loss Event Frequency, not Loss Magnitude.
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Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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