Which is defined as a practice, procedure or mechanism that reduces risk?

Prepare effectively for the ISACA IT Risk Fundamentals Test. With flashcards and multiple-choice questions, each question includes hints and detailed explanations. Ace your exam confidently!

Multiple Choice

Which is defined as a practice, procedure or mechanism that reduces risk?

Explanation:
A safeguard is a specific control or countermeasure designed to reduce risk by lowering either the likelihood of a threat succeeding or the impact if it occurs. It’s a concrete practice, procedure, or mechanism put in place to protect assets and data, such as access controls, encryption, or documented procedures. This fits the prompt’s definition because it names a tangible measure that actively reduces risk, not just a planning or strategy concept. Risk mitigation describes the broader set of activities aimed at reducing risk, rather than a single measure. Risk response encompasses the overall actions taken to address risk, which can include mitigation, acceptance, avoidance, or transfer. Risk transfer moves the risk to another party, like purchasing insurance, which reduces financial exposure but doesn’t reduce the risk to the asset itself.

A safeguard is a specific control or countermeasure designed to reduce risk by lowering either the likelihood of a threat succeeding or the impact if it occurs. It’s a concrete practice, procedure, or mechanism put in place to protect assets and data, such as access controls, encryption, or documented procedures. This fits the prompt’s definition because it names a tangible measure that actively reduces risk, not just a planning or strategy concept.

Risk mitigation describes the broader set of activities aimed at reducing risk, rather than a single measure. Risk response encompasses the overall actions taken to address risk, which can include mitigation, acceptance, avoidance, or transfer. Risk transfer moves the risk to another party, like purchasing insurance, which reduces financial exposure but doesn’t reduce the risk to the asset itself.

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