Master the 2025 CRISC Challenge – Grab Your Risk Control Superpowers!

Mitigating a risk involves implementing measures aimed at reducing either the likelihood of the risk occurring or its potential impact on the organization if it does occur. This can include various strategies such as improving security practices, enhancing training, adopting better technologies, or altering processes and policies to make them more resilient to risk. The goal of mitigation is to create a more favorable risk profile by lowering both the chances of an adverse event and the severity of its consequences.

In contrast, the other choices represent different approaches to handling risk. Not taking any action signifies a passive approach that does not aim to alter the risk in any way, while transferring the risk to another party involves passing the responsibility of the risk to someone else, usually through insurance or outsourcing. Accepting the risk means acknowledging it without making any adjustments, which is a valid strategy in certain circumstances, but it does not focus on reducing the risk itself. Mitigation is distinct because it actively seeks to lessen the impact or occurrence of risks, making it a proactive and strategic component of effective risk management.

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