Which of the following is not a way to manage risk?

The option referring to "enveloping" is not a recognized method for managing risk in the context of risk management practices. Common methods typically include mitigating, which involves reducing the likelihood or impact of risk; transferring, which involves shifting the risk to another party (such as through insurance); and accepting, which involves acknowledging the risk and deciding to proceed without any specific measures to address it because the potential impact is considered acceptable. Understanding these standard approaches is crucial for effectively managing risks, particularly in a cloud security framework where various strategies can be applied based on the specific context and risks faced by an organization.