What does risk mitigation aim to achieve?

Risk mitigation aims to minimize risk to an acceptable level, which is crucial in any security management framework. The concept involves identifying potential risks and implementing measures to reduce their impact or likelihood. This could include strategies such as implementing security controls, establishing policies, or enhancing training to ensure that risks are managed effectively without necessarily eliminating them entirely.

While eliminating risk entirely may seem ideal, it is often impractical or impossible in many scenarios. Additionally, simply passing the risk to another entity may shift the risk rather than reducing it, and focusing on maximizing potential gains does not address the need to manage potential threats and vulnerabilities appropriately. By aiming to minimize risk to an acceptable level, organizations can continue to operate efficiently while still protecting their assets and information.