An organization wants to transfer risk by purchasing cyber insurance. Which of the following would be MOST important for the risk practitioner to communicate to senior management for contract negotiation purposes?
C. Current annualized loss expectancy report
The annualized loss expectancy (ALE) is a key metric in risk management that combines the probability of a loss event occurring with the potential financial impact. Communicating the current ALE to senior management is crucial for helping them understand the financial implications of the risks the organization faces and determining the appropriate level of insurance coverage needed. This information can guide discussions with insurers to ensure that the selected insurance policy aligns with the organization's risk tolerance and provides adequate coverage.
upvoted 1 times
...
This section is not available anymore. Please use the main Exam Page.CRISC Exam Questions
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
K5000ism
11 months, 2 weeks ago