What is Risk Treatment? And what is the difference between Risk Treatment and Risk Reduction?
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the_cyberguy Answered question 22/11/2022
Risk is the process of systematically responding to risks that an organization faces based on the severity of each risk. Furthermore, risk treatment is the process of selecting and implementing of security measures to reduce the risk to an acceptable level.
There are four main categories of risk treatment in an organization:
- Risk Avoidance
- Risk Mitigation
- Risk Transference
- Risk Acceptance
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the_cyberguy Answered question 22/11/2022