IT Examiner School - Oct 2023

Risk Mitigation & Response

• Risk Assessment will dictate the appropriate risk response. • Reduce • Accept • Transfer • Avoidance • Rejection (not appropriate)

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Risk Transference

• Risk transference is the decision to reduce loss through sharing that risk with another organization. • SLAs (Service Level Agreements) and contracts establish the degree of transference. • Supplementing risk activity with insurance.

Remember: You can’t transfer liability.

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