CompTIA Security+ SY0-701 Practice Question

The primary goal of transferring risk through the purchase of insurance is to shift potential financial liabilities from the organization to the insurer. In the event of a data breach, the financial burden associated with loss and recovery can be significant. By transferring this risk, the organization can mitigate the impact of those costs. It is crucial to understand that risk transference through insurance does not eliminate the possibility of a breach; instead, it provides a financial safety net. Other answers focus on risk elimination, minimization, and assumption, which are not achieved through risk transference but through other risk management strategies.