Hi,
When I am Creating an Issue In Atlassian(JIRA) there is one section called Priority in that section there are options like Blocker,Critical,Minor,Trivial. But as per Testing terminologies Priority should have Low,Medium and High
and For Severity it should have Critical,Major,Moderate,Minor and Cosmetic
for reference i am sending the URL which helps you to understand the difference between Severity and Priority
http://istqbexamcertification.com/what-are-the-key-things-in-defects-in-software-testing/
So, if the list is wrong, change it.
As an Administrator, go to Admin -> Issues -> Priorities and change the list. Then add a custom field for severity.
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