All the following are ways of addressing risk, except:

Prepare for the WGU C838 Managing Cloud Security Exam. Study effectively with flashcards and multiple-choice questions, complete with hints and explanations. Ensure your success with this comprehensive preparation guide.

Addressing risk involves strategies designed to minimize or manage potential threats that could impact an organization's assets, operations, or reputation. The common methods for addressing risk include mitigation, acceptance, and transfer.

Mitigation refers to actions taken to reduce the likelihood or impact of a potential risk. This could involve implementing security controls, improving processes, or adopting technologies designed to lessen vulnerabilities.

Acceptance is the decision to take no action against certain risks, usually when the costs of mitigating the risk outweigh the potential damage. Organizations may accept minor risks as part of their overall risk management strategy.

Transfer involves shifting the risk to another party, often through insurance or outsourcing. By doing this, an organization can limit its exposure to potential losses that could arise from specific risks.

Reversal, however, is not recognized as a standard method for addressing risk. Instead, it does not align with established risk management strategies. While reversal might imply changing or undoing a situation, it does not represent a proactive or accepted method for managing risk. Instead, established approaches focus on either addressing, accepting, or transferring risk, making reversal an inaccurate option in this context.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy