Which of the following risk response techniques does not solve threats but makes others responsible for them?

The correct answer is A. Transference. Transference is a risk response technique in which the responsibility for managing a risk is shifted to another party, such as through insurance or outsourcing. While it does not eliminate the threat, it makes another party accountable for handling the risk, thus transferring…

Business Principles of Cloud

Question

Options

ATransference
BMitigation
CAcceptance
DAvoidance

How the community answered

(22 responses)

A
82% (18)
B
9% (2)
C
5% (1)
D
5% (1)

Explanation

Transference is a risk response technique in which the responsibility for managing a risk is shifted to another party, such as through insurance or outsourcing. While it does not eliminate the threat, it makes another party accountable for handling the risk, thus transferring the risk from the organization. This is different from mitigation, acceptance, or avoidance, which aim to reduce, accept, or eliminate the risk, respectively.

Topics

#risk transference#risk response techniques#risk management#third-party risk

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