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Risk Management Process – Part 3c: Risk Control

Zerto

In our last post, we examined the risk analysis step of risk assessment. The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. Loss Prevention— This approach accepts the potential risk but aims to prevent its impact.

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How to Offload Your Risk to a Third Party

MHA Consulting

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold.