Definitions Edit

Risk avoidance is

[a] security philosophy which postulates that adversaries are all-knowing and highly competent, against which risks are avoided by maximizing defenses and minimizing vulnerabilities.[1]
[a] risk-handling option that eliminates risk by eliminating or modifying the concept, requirements, specifications, or practices that create the unacceptable risk.[2]
restructuring business processes or information systems, or ending activities to eliminate potential exposure.[3]
[r]isk response where action is taken to stop the operational process, or the part of the operational process causing the risk.[4]

Risk avoidance refers to "strategies or measures taken that effectively remove exposure to a risk."[5]

Overview Edit

"Risk avoidance is one of a set of four commonly used risk management strategies, along with risk control, risk acceptance, and risk transfer."[6]

References Edit

  1. OPSEC Glossary of Terms.
  2. Department of Defense, Glossary of Defense Acquisition Acronyms and Terms (14th ed. July 2011) (full-text).
  3. Electricity Subsector Cybersecurity Risk Management Process, App. G, at 84.
  4. Playbook: Enterprise Risk Management for the U.S. Federal Government, at 103.
  5. DHS Risk Lexicon, at 28.
  6. Id.