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Risk ManagementeasyMultiple ChoiceObjective-mapped

ISC Risk Management Practice Question

Which risk response strategy is being employed when a company purchases cyber insurance?

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

Transference

Transferring the financial impact of a risk to a third party is risk transference (sharing).

Answer analysis

Option-by-option breakdown

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

  • Acceptance

    Why it's wrong here

    Acceptance involves acknowledging the risk without action.

  • Avoidance

    Why it's wrong here

    Avoidance involves ceasing the activity.

  • Mitigation

    Why it's wrong here

    Mitigation involves reducing the probability or impact.

  • Transference

    Why this is correct

    Insurance is a classic risk transfer mechanism.

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JA

Written and reviewed by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

Last reviewed August 2026 · checked against the official (ISC)² exam blueprint

This ISC practice question is part of Courseiva's free (ISC)² 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 ISC exam.