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Definition of "Common risk mitigation techniques"

A risk mitigation strategy is an organization’s plan for ‘how it will address its identified risks’. Creating and implementing mitigation strategies is one of the most effective ways to protect an organization’s information assets, and is nearly always more cost effective than repairing the damage after a security incident. Mitigation and measurement techniques are applied according to the event's losses, and are measured and classified according to the loss type.

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