ExamGecko
Question list
Search
Search

Question 54 - IT Risk Fundamentals discussion

Report
Export

An enterprise has moved its data center from a flood-prone area where it had experienced significant service disruptions to one that is not a flood zone. Which risk response strategy has the organization selected?

A.

Risk mitigation

Answers
A.

Risk mitigation

B.

Risk transfer

Answers
B.

Risk transfer

C.

Risk avoidance

Answers
C.

Risk avoidance

Suggested answer: C

Explanation:

By moving its data center from a flood-prone area to one that is not in a flood zone, the organization has chosen a risk avoidance strategy.

Risk Response Strategies Overview:

Risk Acceptance: Choosing to accept the risk without taking any action.

Risk Avoidance: Taking action to completely avoid the risk.

Risk Mitigation: Implementing measures to reduce the likelihood or impact of the risk.

Risk Transfer: Shifting the risk to another party (e.g., through insurance).

Explanation of Risk Avoidance:

Risk avoidance involves changing plans to circumvent the risk entirely.

In this case, relocating the data center to an area not prone to flooding eliminates the risk of flood-related disruptions.

ISA 315 (Revised 2019), Anlage 6 discusses various risk response strategies and emphasizes the importance of taking actions to avoid risks when feasible.

asked 18/11/2024
Michał Wojciechowski
30 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first