Certified in Risk and Information Systems Control (CRISC) — Question 1086

Which of the following is the MOST valuable data source to support the optimization of an existing key risk indicator (KRI)?

Answer options

• A. Historical losses and incidents
• B. Organizational policies
• C. Industry benchmarks
• D. Frameworks and standards

Correct answer: A

Explanation

Historical losses and incidents provide direct evidence of past risk events, making them the most relevant data for refining KRIs. Organizational policies, industry benchmarks, and frameworks and standards offer valuable context and guidelines, but they do not deliver the specific insights gained from actual risk occurrences.