March 2022
Intermediate to advanced
400 pages
10h 10m
English
Often the process of reducing risk will bring with it some sort of cost, perhaps for backups, system redundancy, and so on. As a result, a business cannot always eliminate all technology risks. Instead, the IT staff must evaluate which risks are most likely and which risks have the greatest potential impact on the company and its ability to continue operations. The risk mitigation process requires that the IT staff balance risks and potential impacts.
To start the risk mitigation process, make a list of the company’s potential technology risks. Then estimate each risk’s potential for occurrence and its business continuity impact, as shown in TABLE 10-1.
TABLE 10-1 Risk occurrence probability ...
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