Video Description

This lesson offers an overview of risk response. This is used to determine risk strategies and evaluate their effectiveness to manage risk to a level in alignment with business objectives. This lesson covers risk response strategies and risk reduction via policies and technology. Risk reduction lessens the probability and/or impact of a risk event and is somethings called risk mitigation. The ultimate risk reduction is risk avoidance. Other ways to deal with risk are: - Risk transference - Risk acceptance - Risk mitigation through policies

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