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A brief guide to cyber security risk assessments

IT Governance BC

Cyber security risk assessments are essential for organisations to protect themselves from malicious attacks and data breaches. But what exactly does a risk assessment do? In the example above, organisations would almost certainly address any risk that scored 12 or more but accept risks that scored 3 or less.

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Risk Management Process – Part 3c: Risk Control

Zerto

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

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Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

This is so whether the company is applying some combination of the four main risk mitigation strategies (risk acceptance, risk avoidance, risk reduction, and risk transfer) or implementing such specific measures as installing a backup power generator or requiring the use of secure VPNs.

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How to Offload Your Risk to a Third Party

MHA Consulting

. · Risk avoidance: Altering organizational behavior to eliminate a given risk. Risk limitation: Taking measures to reduce risk, short of completely eliminating it. Incorporates a combination of the strategies of risk avoidance and risk acceptance.

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How Generational Diversity and Racial Equity are Getting Companies Future-Ready

Business Resilience Decoded

Avoiding this important topic and all the critical conversations around it means accepting risk in our organizations, so in this episode, Raven Solomon is guiding us through generational diversity to support and recruit employees of all ages, as well as how racial equity is preparing businesses for the future.

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How Generational Diversity and Racial Equity are Getting Companies Future-Ready

Business Resilience Decoded

Avoiding this important topic and all the critical conversations around it means accepting risk in our organizations, so in this episode, Raven Solomon is guiding us through generational diversity to support and recruit employees of all ages, as well as how racial equity is preparing businesses for the future.

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How Generational Diversity and Racial Equity are Getting Companies Future-Ready

Business Resilience Decoded

Avoiding this important topic and all the critical conversations around it means accepting risk in our organizations, so in this episode, Raven Solomon is guiding us through generational diversity to support and recruit employees of all ages, as well as how racial equity is preparing businesses for the future.