Page 12 - Risk Management
P. 12
Risk Treatment
Accept/tolerate Transfer Avoid/terminate Reduce
Accept/tolerate: Transfer: The Avoid/terminate: Reduce: In some
Organizations may wholesale transfer of Avoidance refers to instances, it is
choose to accept risk is rare; however, the general strategy possible to reduce
that a threat may or organizations can of eliminating the the overall threat
may not occur and elect to transfer uncertainty exposure by either
choose to not take some aspects of risk associated with a reducing (but not
any action. to another party. threat by preventing eliminating) the
it from occurring. probability of
occurrence and/or
impact level.
