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Single Answer
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You are a security administrator for your company and you identify a security risk that you do not have in-house skills to address. You decide to acquire contract resources. The contractor will be responsible for handling and managing this security risk. Which of the following type of risk response techniques are you demonstrating?

Answer Options

A

Accept

B

Mitigate

C

Transfer

D

Avoid

Correct Answer: C

Explanation

Risk transfer is the act of moving the risk to hosted providers who assume the respon- sibility for recovery and restoration or by acquiring insurance to cover the costs emerging from a risk. Risk acceptance is a strategy of recognizing, identifying, and accepting a risk that is sufficiently unlikely or that has such limited impact that a corrective control is not warranted. Risk mitigation is when a company implements controls to reduce vulnerabil- ities or weaknesses in a system. It can also reduce the impact of a threat. Risk avoidance is the removal of the vulnerability that can increase a particular risk so that it is avoided altogether.