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Journal of Global Economics

Journal of Global Economics

ISSN: 2375-4389

Open Access
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Risk Mitigation Top Open Access Journals

Risk mitigation means to reduce the extent of risk exposure, and the adverse effects of risk. To understand when to apply risk mitigation, we must put down our magnifying glass for one moment and consider the process of applying risk management. There is a certain risk management procedure outlined to deal with risk. There are five strategies which are available to security decision makers to mitigate risk. They are avoidance, reduction, spreading, transfer and acceptance. The mail goal of most security programs is to reduce the level of risk. The best strategy for mitigating risk is combination of all three elements, reducing threats, blocking opportunities and reducing consequences.

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Citations: 2175

Journal of Global Economics received 2175 citations as per Google Scholar report

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