CRISC · Question #547
Which of the following is the MOST essential characteristic of a good IT risk scenario?
The correct answer is C. The scenario is aligned to a business objective. The most essential characteristic of a good IT risk scenario is its alignment with a business objective, ensuring that risk assessments focus on impacts relevant to organizational goals.
Question
Which of the following is the MOST essential characteristic of a good IT risk scenario?
Options
- AThe scenario is aligned to business control processes.
- BThe scenario is aligned to the organization's risk appetite and tolerance.
- CThe scenario is aligned to a business objective.
- DThe scenario is aligned to known vulnerabilities in information technology.
How the community answered
(45 responses)- A4% (2)
- B4% (2)
- C80% (36)
- D11% (5)
Why each option
The most essential characteristic of a good IT risk scenario is its alignment with a business objective, ensuring that risk assessments focus on impacts relevant to organizational goals.
While risk scenarios may involve control processes, aligning solely with controls doesn't ensure the scenario reflects a significant business impact or strategic relevance.
Risk appetite and tolerance are used to evaluate the acceptability of a risk once it's identified, not necessarily to define the scenario itself, which describes a potential event.
A good IT risk scenario describes a potential event that could negatively impact the achievement of an organization's business objectives. By linking risks directly to business objectives, it ensures that risk management efforts are relevant, meaningful, and supported by senior management, translating technical risks into business impacts.
Aligning with known vulnerabilities is important for technical risk assessments, but without linking to a business objective, the scenario might not be considered significant from an organizational perspective.
Concept tested: Characteristics of IT risk scenarios
Source: https://www.isaca.org/resources/cobit/cobit-2019-framework-introduction-and-methodology
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