Inside Network Security Assessment: Guarding Your IT Infrastructure

Four Ways in Which You Can Respond to Risk

So is finding and identifying risk enough? No, not really. After you have found and identified risk, your job is not yet over. You will have to determine how you are going to handle the potential risk. There are four ways in which you can respond to risk: avoidance, transference, mitigation, and acceptance:

• Avoiding a risk can be accomplished by taking steps to change your plans, go with different technologies, or hire employees that are skilled in dealing with the problems you are facing. Consider the example of your daughter’s wedding. She has made up her mind that it should be this summer on the beach in the Bahamas. You have explained to her that there is always the chance that a hurricane could ...