An administrator discovers a vulnerability in the network. On analysis of the vulnerability the administrator decides the cost of managing the risk outweighs the cost of the risk itself. The risk is accepted, and no action is taken. What risk management strategy has been adopted?
- risk avoidance
- risk acceptance
- risk reduction
- risk transfer
Answers Explanation & Hints:
Risk acceptance is when the cost of risk management options outweighs the cost of the risk itself, the risk is accepted, and no action is taken. |