Enterprise Risk Mitigation
Don’t just take our word for it.
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the what
Risk mitigation refers to the process of taking actions or implementing measures to reduce the likelihood or impact of identified risks. It involves developing and implementing strategies and controls to minimize the negative consequences associated with risks and increase the organization's ability to manage them effectively.
resilience ecosystem
This step may involve implementing preventive measures, establishing control mechanisms, enhancing security protocols, or improving processes and procedures. Fixinc will consider the following options:
- Avoidance
- Reduction
- Transfer
- Acceptance
- Contingency
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