Acceptance (As Related to Risk) Or Accepting Risk: Acceptance of risk refers to the decision to tolerate a risk without taking any mitigating actions, typically because the cost of mitigation exceeds the benefits. It is one of the four main risk management strategies: Treat (Mitigate), Transfer, Tolerate (Accept), and Terminate (Avoid).
Categories: CC D1: Security Principles | CCSP D6: Legal - Risk and Compliance | CISM D2: Information security risk management | CISSP D1: Security and Risk Management | Security+ D5: Security Program Management and Oversight | SSCP D3: Risk Identification Monitoring and Analysis
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