(ISC)2 Certified in Cybersecurity Practice Exam

Which method is used to minimize loss from potential risks by implementing proactive measures?

1. Risk avoidance

2. Risk transfer

3. Risk mitigation

4. Risk acceptance

The correct answer is: Risk mitigation

The method that is employed to minimize loss from potential risks by implementing proactive measures is risk mitigation. This approach focuses on reducing the likelihood or impact of risks through specific actions and strategies before any loss occurs. Examples of risk mitigation include implementing security controls, creating backups, conducting regular training for employees, or developing response plans. By proactively addressing potential risks, organizations can effectively lower the chances of incidents occurring or diminish their severity if they do occur. This forward-thinking mindset is critical in cybersecurity and risk management, as it helps create a more resilient infrastructure. While risk avoidance, transfer, and acceptance are all valid strategies in risk management, they operate differently. Risk avoidance entails completely eliminating the risk by ceasing the activity that generates it. Risk transfer involves shifting the risk to another party, often through insurance or outsourcing. Risk acceptance means acknowledging the risk and deciding to proceed regardless, often because the potential impact is deemed acceptable or manageable. Mitigation specifically targets the prevention and reduction of risks through actionable steps, which makes it the appropriate choice for minimizing losses proactively.