ISO 31073:2022 - Root Cause Analysis for Risk Management Lead Practitioner Quiz 01 26Jul25 - Practice Quiz

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Question 1 of 30

A financial services firm experienced a prolonged disruption to its online trading platform, leading to substantial financial losses and reputational damage. The initial investigation identified several contributing factors, including a recent software update, increased network traffic, and a lapse in overnight system monitoring. As the Risk Management Lead Practitioner, you are tasked with validating the primary root cause. Which of the following approaches most effectively validates the identified primary root cause according to the principles of ISO 31073:2022?

Demonstrating a direct, verifiable causal link between the proposed root cause and the system failure, supported by empirical data and logical reasoning, and confirming that its elimination would prevent future occurrences.

Relying on expert opinion and consensus among the incident response team regarding the most likely contributing factor, based on their collective experience with similar past events.

Identifying the most recent change or event that preceded the failure, assuming it is the most probable cause due to its temporal proximity and the principle of recency.

Focusing on the factor that required the least effort to implement a corrective action, prioritizing speed of resolution over the depth of causal validation.

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