Risk Response and Risk Appetite
Once a risk is identified and assessed, the next critical step is determining how to respond. In this episode, we examine the four primary risk response strategies: risk avoidance, risk mitigation, risk transference, and risk acceptance. We also clarify the concepts of risk appetite and risk tolerance, and how organizations use these to shape their security policies and control decisions. You'll learn how business objectives, regulatory pressure, and operational needs influence how much risk an organization is willing to take. Understanding these principles enables security professionals to align cybersecurity decisions with broader business goals.
