CRISC Certified in Risk and Information Systems Control – Question121

Which of the following type of risk could result in bankruptcy?

A.
Marginal
B. Negligible
C. Critical
D. Catastrophic

Correct Answer: D

Explanation:

Explanation:
Catastrophic risk causes critical financial losses that have the possibility of bankruptcy.
Incorrect Answers:
A: Marginal risk causes financial loss in a single line of business and a reduced return on IT investment.
B: It causes minimal impact on a single line of business affecting their ability to deliver services or products.
C: Critical risk causes serious financial losses in more than one line of business with a loss in productivity.