The purpose of risk management is to _____.
A) train employees to follow security procedures to prevent potential software attacks
B) save money by not getting involved in expensive investigations to try to find the attacker that may not be successful
C) reduce risk to an acceptable level
D) eliminate risks at all costs

Question

Quizplus · Accepted Answer

The purpose of risk management is to reduce risk to an acceptable level. It does not aim to eliminate all risks at all costs as that would be impractical and may hinder business operations. Risk management involves identifying potential risks, assessing their likelihood and potential impact, and taking steps to mitigate them. It is a proactive approach to reduce the potential negative consequences of risks. Training employees to follow security procedures is part of risk mitigation, but it is not the overall purpose of risk management. Saving money by avoiding investigations is not a recommended approach as it may lead to further vulnerabilities and potential attacks in the future.

The Purpose of Risk Management Is to _____