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  2. Risk control strategies - Wikipedia

    en.wikipedia.org/wiki/Risk_control_strategies

    Five basic strategies to control risks that arise from vulnerabilities [2] Defense - Applying safeguards that eliminate or reduce the remaining uncontrolled risk; Transferral - Shifting risks to other areas or to outside entities; Mitigation - Reducing the impact of information assets should an attacker successfully exploit a vulnerability

  3. Mitigation - Wikipedia

    en.wikipedia.org/wiki/Mitigation

    Mitigation planning identifies policies and actions that can be taken over the long term to reduce risk, and in the event of a disaster occurring, minimize loss. Such policies and actions are based on a risk assessment , using the identified hazards , vulnerabilities and probabilities of occurrence and estimates of impact to calculate risks ...

  4. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    A good risk management plan should contain a schedule for control implementation and responsible persons for those actions. There are four basic steps of risk management plan, which are threat assessment, vulnerability assessment, impact assessment and risk mitigation strategy development. [32]

  5. Risk Management in Finance: Keep Your Money Safe in a ... - AOL

    www.aol.com/finance/risk-management-finance-keep...

    Here are some specific examples: Identifies vulnerable areas: Risk management ... have and develop effective mitigation strategies. The Risk Management Process ... the risk: Strategies can ...

  6. Risk Evaluation and Mitigation Strategies - Wikipedia

    en.wikipedia.org/wiki/Risk_Evaluation_and...

    Risk Evaluation and Mitigation Strategies (REMS) is a program of the US Food and Drug Administration for the monitoring of medications with a high potential for serious adverse effects. REMS applies only to specific prescription drugs, but can apply to brand name or generic drugs. [ 1 ]

  7. Disaster risk reduction - Wikipedia

    en.wikipedia.org/wiki/Disaster_risk_reduction

    Its policy goals and objectives are defined in disaster risk reduction strategies and plans. [2]: 16 The term disaster risk management (DRM) is often used in the same context and to mean much the same thing. That is a systematic approach to identifying, assessing, and reducing risks associated with hazards and human activities.

  8. Flood management - Wikipedia

    en.wikipedia.org/wiki/Flood_management

    Flood management can include flood risk management, which focuses on measures to reduce risk, vulnerability and exposure to flood disasters and providing risk analysis through, for example, flood risk assessment. [1] Flood mitigation is a related but separate concept describing a broader set of strategies taken to reduce flood risk and ...

  9. Hierarchy of hazard controls - Wikipedia

    en.wikipedia.org/wiki/Hierarchy_of_hazard_controls

    Eliminating hazards and substituting safer alternatives can be challenging to implement within existing processes. These strategies are most effective when applied during the design or development phases of a workplace, tool, or procedure. At this stage, they often represent the most straightforward and cost-effective solutions.

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