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?

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

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

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

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Explain the difference between risk mitigation and risk avoidance.

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