CCSP: Certified Cloud Security Professional

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QuestionQ237

VerifiedLegal, Risk and Compliance

After completing a risk analysis, a company has four distinct approaches for addressing risk. Its selected approach will depend on costs, available options, and compliance with regulatory requirements identified through independent audits.

Which grouping correctly identifies the four possible approaches?

Explanation

The conventional risk-response approaches are to accept the risk, avoid the activity or condition creating it, transfer the risk to another party, or mitigate it by reducing its likelihood or impact.

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