You work for a small company. You have determined that hackers probably won't try to steal your customers' information since you don't have enough customers to make it worth it. This is an example of risk ______.
A) Acceptance
B) Limitation
C) Management
D) Transference

Question

Quizplus · Accepted Answer

Risk acceptance means accepting the potential losses or harm associated with a risk because the cost of addressing it would exceed the potential damage. In this scenario, the company has decided to accept the risk of a potential data breach since the cost of implementing security measures may outweigh the potential harm to their small customer base.

You Work for a Small Company