Which risk treatment strategy is applied when an organization determines that a threat's potential impact and likelihood fall within its risk tolerance and therefore decides not to add any new safeguards?
Mitigation (risk reduction)
Transference (risk sharing)
Acceptance (risk retention)
Avoidance (risk elimination)
Accepting or retaining risk means the organization formally acknowledges that the risk exists but judges it to be within its tolerance level and worth no further action. Mitigation adds controls to lower risk, transference shifts the burden to another party (such as insurance or outsourcing), and avoidance eliminates the activity that creates the risk. None of those involve simply living with the risk as-is; only acceptance does.
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