Risk Management for Cyber Security Managers - Risk Mitigation

The video tutorial discusses risk mitigation, a common method of handling risks by reducing their likelihood to a minimum. It provides examples such as mitigating a DDoS attack by using multiple data centers for redundancy and retaining talented employees by offering better compensation. The video concludes with a brief mention of risk avoidance, which will be covered in the next video.

What is the primary objective of risk mitigation?

Why is it important to reduce the likelihood of risks to an absolute minimum?

How can a company mitigate the risk of a DDoS attack on its website?

What is one way to mitigate the risk of losing a talented IT employee?

Explain the difference between risk mitigation and risk avoidance.