Which of the following risk management strategies should an enterprise adopt first if a legacy application is critical to business operations and there are preventative controls that are not yet…

Question

Options

• AMitigate
• BAccept
• CTransfer
• DAvoid

• A
  76% (22)
• B
  7% (2)
• C
  3% (1)
• D
  14% (4)

Explanation

Mitigate is the risk management strategy that involves reducing the likelihood or impact of a risk. If a legacy application is critical to business operations and there are preventative controls that are not yet implemented, the enterprise should adopt the mitigate strategy first to address the existing vulnerabilities and gaps in the application. This could involve applying patches, updates, or configuration changes to the application, or adding additional layers of security controls around the application. Accept, transfer, and avoid are other risk management strategies, but they are not the best options for this scenario. Accept means acknowledging the risk and accepting the consequences without taking any action. Transfer means shifting the risk to a third party, such as an insurance company or a vendor. Avoid means eliminating the risk by removing the source or changing the process. These strategies may not be feasible or desirable for a legacy application that is critical to business operations and has no preventative controls in place.

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