What is the correct definition of risk management?

Last Updated: Nov 13, 2023
IT Exam Items Repository › Category: Introduction to Cybersecurity › What is the correct definition of risk management?

What is the correct definition of risk management?

  • The process of transferring risks that cannot be eliminated or mitigated
  • The process of identifying and assessing risk to determine the severity of threats
  • The process of accepting risks that cannot be eliminated, mitigated or transferred
  • The process of identifying and assessing risk to reduce the impact of threats and vulnerabilities

Explanation: Risk management is the formal process of continuously identifying and assessing risk in an effort to reduce the impact of threats and vulnerabilities.

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