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A regulated company is in the process of refreshing its entire infrastructure. The company has a business-critical process running on an old 2008 Windows server. If this server fails, the company would lose millions of dollars in revenue. Which of the following actions should the company take?
Correct Answer: B
Creating an organizational risk register ensures the issue is documented and prioritized for mitigation, aligning with risk management best practices. Accepting the risk is not advisable due to the financial implications of failure. Implementing network compensating controls does not address server reliability. Purchasing insurance only offsets financial risk and does not ensure system functionality.