CRISC: Certified in Risk and Information Systems ControlDemo

Question

Which of the following parameters influence the prioritization of risk responses and the development of the risk response plan? Each correct answer represents a complete solution.

Choose three

A Importance of the risk
B Time required to mitigate risk.
C Effectiveness of the response
D Cost of the response to reduce risk within tolerance levels

Explanation

Risk responses are prioritized according to the importance of the risk, the effectiveness of the proposed response, and the cost required to reduce exposure within approved tolerance levels. These factors determine whether a response is worthwhile and suitable; mitigation duration is a scheduling consideration rather than a response-prioritization criterion.

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CRISC: Certified in Risk and Information Systems ControlDemo

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Notes

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QuestionQ302

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