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Organizational risk mitigation strategies involve identifying and assessing risks, creating a plan to
address and manage those risks, and implementing and monitoring the plan. Identify and Assess
Risks: The first step in risk mitigation is to identify and assess potential risks. This involves looking
at areas of vulnerability within an organization and understanding the potential consequences of
those risks. Create a Plan: Once the risks have been identified and assessed, a plan must be
created to address

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Organizational risk mitigation strategies involve identifyin.pdf

  • 1. Organizational risk mitigation strategies involve identifying and assessing risks, creating a plan to address and manage those risks, and implementing and monitoring the plan. Identify and Assess Risks: The first step in risk mitigation is to identify and assess potential risks. This involves looking at areas of vulnerability within an organization and understanding the potential consequences of those risks. Create a Plan: Once the risks have been identified and assessed, a plan must be created to address