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CompTIA Exam CLO-002 Topic 4 Question 71 Discussion

Actual exam question for CompTIA's CLO-002 exam
Question #: 71
Topic #: 4
[All CLO-002 Questions]

A company purchased insurance due to the risks involved with a cloud migration project. Which of the following risk response strategies is this an example of?

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Suggested Answer: D

by Serina at Oct 22, 2023, 02:16 AM

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Hollis
7 months ago
Haha, I can just imagine the project manager sweating bullets trying to figure out the best way to handle all the risks involved with a cloud migration. Insurance is probably the sanest option!
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Selma
7 months ago
Yeah, that makes sense. I was also considering Mitigation, but purchasing insurance is more of a transference approach rather than trying to mitigate the risk directly.
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Malcom
7 months ago
I agree with you on that. Transferring the risk to a third party through insurance is a common risk response strategy when dealing with significant projects like a cloud migration.
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Bettina
7 months ago
Hmm, this is a tricky one. Based on the options, I think the answer here is D) Transference. Purchasing insurance is a way to transfer the risk associated with the cloud migration project to the insurance provider.
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