Risk mitigation strategies are typically aimed at which of the following?

Risk mitigation strategies focus primarily on reducing both the probability of risk occurrences and their potential impact if they do occur. This involves identifying specific risks that an organization may face and implementing measures to minimize them, ensuring that the potential disruption to operations, finances, or reputation is lessened.

By applying risk mitigation strategies, organizations can effectively lower vulnerabilities to threats, which may include enhancing security controls, implementing redundancy systems, offering training programs, or employing various other techniques. This proactive approach allows organizations to manage risks within acceptable levels, thereby supporting overall risk management objectives.

While transferring risks, accepting them, or avoiding them can be valid strategies in certain situations, they do not align with the primary goal of risk mitigation. The emphasis in mitigation is on making risks more manageable, rather than simply passing them on, ignoring them, or eliminating them entirely.