Asked by Abbie Medina on Jun 12, 2024

verifed

Verified

If you choose to spend as much as you can to protect your information systems, you have adopted a risk transference strategy.

Risk Transference Strategy

A tactic used in risk management where the potential impact of a risk is shifted to a third party, often through insurance or outsourcing.

  • Identify different strategies for managing information security risks.
verifed

Verified Answer

MA
Margueritta AbiyounnessJun 14, 2024
Final Answer :
False
Explanation :
Risk transference involves shifting the risk to a third party, such as through insurance or outsourcing, not spending on protection of information systems, which is more aligned with risk mitigation strategies.