An Organization Does Not Implement Countermeasures Against Information Threats; Instead

question 97

Multiple Choice

An organization does not implement countermeasures against information threats; instead it simply absorbs the damages that occur.This approach is called ________.

• A) risk acceptance
• B) risk reduction
• C) risk mitigation
• D) risk transference
• E) risk rescheduling

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Definitions:

Present Value

The existing financial estimate of a future quantity of money or stream of cash flows, with a certain return rate taken into account.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.

Compound Interest

Interest that accumulates on the initial amount invested and on the interest that has previously been added to that amount.

Installment Note

A debt instrument requiring the borrower to make regular payments of principal and interest over a set period until the debt is paid in full.