CRISC · Question #320
The results of a risk assessment reveal risk scenarios with high impact and low likelihood of occurrence. Which of the following would be the BEST action to address these scenarios?
The correct answer is C. Develop a risk response plan. For high-impact, low-likelihood risks, the best action is to develop a comprehensive risk response plan outlining specific strategies and actions to address the scenario if it occurs.
Question
The results of a risk assessment reveal risk scenarios with high impact and low likelihood of occurrence. Which of the following would be the BEST action to address these scenarios?
Options
- AAssemble an incident response team.
- BCreate a disaster recovery plan (DRP).
- CDevelop a risk response plan.
- DInitiate a business impact analysis (BIA).
How the community answered
(23 responses)- A4% (1)
- B4% (1)
- C83% (19)
- D9% (2)
Why each option
For high-impact, low-likelihood risks, the best action is to develop a comprehensive risk response plan outlining specific strategies and actions to address the scenario if it occurs.
Assembling an incident response team is a component of a broader risk response plan (specifically for incident management), but it is not the comprehensive action needed to address the overall risk scenario proactively.
Creating a disaster recovery plan (DRP) is a specific type of contingency plan focused on recovery from disruptive events, which falls under a broader risk response plan, but does not cover all aspects of addressing high-impact, low-likelihood risks.
Developing a risk response plan is the best action because it systematically outlines specific strategies (e.g., mitigation, contingency, transfer, acceptance) and detailed actions for managing identified risks, including those with high impact and low likelihood, preparing the organization for how to react if the event materializes beyond just recovery.
Initiating a business impact analysis (BIA) helps to understand the potential effects of disruption and is a critical input *before* developing a risk response plan, but it is not the action to *address* the scenario itself.
Concept tested: Risk Response Planning
Source: https://learn.microsoft.com/en-us/azure/cloud-adoption-framework/govern/security-baseline/security-baseline-risk-management
Topics
Community Discussion
No community discussion yet for this question.