CIPT Exam Dumps | Which of the following is NOT a factor to consider in FAIR analysis?

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IAPP.CIPT.v2024-09-19.q96
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Question 25/96

Which of the following is NOT a factor to consider in FAIR analysis?

A. The severity of the harm that might be caused by the privacy risk.

B. The capability of a threat actor to exploit the analyzed privacy risk.

C. The stage of the data life cycle in which the analyzed privacy risk occurs.

D. The probability that a threat actor's attempts to exploit a privacy risk might succeed.

Correct Answer: C

FAIR (Factor Analysis of Information Risk) analysis is a structured approach to understanding, analyzing, and quantifying information risks. The core factors in FAIR analysis include the severity of the harm (option A), the capability of a threat actor (option B), and the probability of a threat actor's success (option D). The stage of the data life cycle, while important in understanding data management practices, is not a direct factor in the FAIR analysis framework. According to IAPP documentation, FAIR analysis focuses on quantifying risk factors to evaluate and manage privacy risks effectively, emphasizing measurable and actionable components rather than the data life cycle stage.

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