Risk mitigation
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Revision as of 17:51, 7 April 2015 by Liyu Geresu (Talk | contribs)
Risk mitigation is defined as taking steps to reduce adverse effects. There are four types of risk mitigation strategies that hold unique to Business Continuity and Disaster Recovery. It's important to develop a strategy that closely relates to and matches your company's profile.[1]
A systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence. Also called risk reduction. [2]
