QuestionQ58

Risk Management

Your company is protected by a liability insurance policy that provides various forms of liability coverage for information-security risks, including physical asset damage, hacking attacks, and similar events. Which risk-management technique is the company using?

  • A Risk mitigation
  • B Risk transfer
  • C Risk acceptance
  • D Risk avoidance
Explanation

Liability insurance is a risk-transfer technique because the insurer contractually assumes covered financial losses arising from the specified risks in exchange for a premium.

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