A small organization has identified a potential risk associated with its outdated backup system and has decided to implement a new cloud-based real-time backup system to reduce the likelihood of data loss. Which of the following risk responses has the organization chosen?
Correct Answer: A
The organization is implementing anew cloud-based real-time backup systemto reduce the likelihood of data loss, which is an example ofrisk mitigationbecause:
* Reducing Risk Impact:By upgrading from an outdated system, the organization minimizes the potential consequences of data loss.
* Implementing Controls:The new backup system is aproactive control measuredesigned to decrease the risk.
* Enhancing Recovery Capabilities:Real-time backups ensure that data remains intact and recoverable even in case of a failure.
Other options analysis:
* B. Risk avoidance:Involves eliminating the risk entirely, not just reducing it.
* C. Risk transfer:Typically involves shifting the risk to a third party (like insurance), not implementing technical controls.
* D. Risk acceptance:Involves acknowledging the risk without implementing changes.
CCOA Official Review Manual, 1st Edition References:
* Chapter 5: Risk Management:Clearly differentiates between mitigation, avoidance, transfer, and acceptance.
* Chapter 7: Backup and Recovery Planning:Discusses modern data protection strategies and their risk implications.