GV.RM-04 - Crafting Strategic Risk Response Options
GV.RM-04 focuses on defining and sharing a strategic direction for responding to cybersecurity risks, outlining options like acceptance, mitigation, or transfer (e.g., via insurance). This guidance helps organizations decide how to address risks based on data classification, criticality, or operational needs, ensuring consistency in decision-making. Clear communication ensures all stakeholders understand the chosen approaches.
This subcategory supports proactive planning by identifying conditions under which certain responses, such as outsourcing or shared responsibility models, are viable. It aligns risk responses with organizational priorities, balancing cost, feasibility, and security needs. GV.RM-04 empowers organizations to respond strategically rather than reactively to cyber threats.
