CAF-3 · Chapter 14 · Question 3 of 15
An e-commerce company purchases a comprehensive cyber-liability insurance policy to cover potential financial losses in the event of a customer data breach. Which risk treatment strategy is the company applying?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Risk Transfer
Explanation
Risk transfer involves shifting the financial burden of a risk to a third party, most commonly by purchasing insurance
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