In this application, is the fastener being used as a screw or a bolt? Given the large, tapered area under the head of a countersunk screw, can the proper tension in the body be reached on a regular basis? My experience is not. The variable friction from forming the countersink in the workpiece, possibly combined with the misalignment of the countersink and the threads, makes accurate torquing of the screw impossible. When used as a bolt, and the nut can be torqued, the situation in very different.
My mechanical design professors always taught if the screw saw shear stress, the joint design was faulty. Ie, the preload in the fastener should cause sufficient friction in the clamped materials to resist movement, not the bolt acting as shear pin. If you want a shear pin, put one in.