What does risk management in security entail?

Risk management in security is a comprehensive process that involves identifying, assessing, and addressing potential risks that could negatively impact an organization. Option C is correct because it encompasses a holistic approach to managing risks through multiple strategies: avoiding risks, mitigating them, and transferring any remaining or unavoidable risks.

Avoiding risks involves taking proactive steps to eliminate potential hazards or vulnerabilities before they can cause harm. This may include implementing preventative measures such as security policies and training.

Mitigating risks means reducing the potential impact or likelihood of a risk occurring. This can involve establishing controls, such as security protocols and procedures, that lessen the severity of an incident should it happen.

Transferring risks typically involves strategies such as purchasing insurance or outsourcing certain functions to third parties that can assume some level of risk, thus shifting the burden away from the organization itself.

By seeking to avoid, mitigate, and transfer risks, an organization can create a balanced and resilient security strategy that is better equipped to handle various threats and uncertainties. This multifaceted approach is essential in developing a strong security posture that not only protects the organization but also supports its overall mission and objectives.