How a Cloud Provider Assists with Security Risk Responses

D.

Cloud providers can assist companies with managing security risks through various means. The BEST approach to describe how a cloud provider helps a company with security risk responses depends on the type of risk response chosen by the company.

Here are the definitions of each of the options:

A. Acceptance: Accepting the risk means acknowledging the potential threat and deciding to take no action to address it. In this approach, the company decides that the risk is too low to justify the expense or effort required to mitigate or avoid it.

B. Mitigation: Mitigation involves taking steps to reduce the likelihood or impact of a security risk. The cloud provider can assist the company in this approach by offering security features such as firewalls, intrusion detection and prevention systems, and access controls.

C. Avoidance: Avoiding the risk means taking steps to eliminate it entirely. This could include using a different cloud provider or avoiding certain types of data or applications that pose a high risk. The cloud provider can help the company with this approach by offering risk assessments and helping to identify the areas of greatest risk.

D. Transference: Transferring the risk involves shifting it to another party, such as an insurance provider. In the context of cloud computing, this could involve purchasing additional security services from the cloud provider or contracting with a third-party security provider.

In terms of which approach BEST describes how a cloud provider helps a company with security risk responses, the answer would be B. Mitigation. While all four approaches are valid ways to manage security risks, mitigation is the most common approach used in cloud computing. This is because cloud providers offer a range of security features that can be used to reduce the likelihood or impact of a security breach. By leveraging these features, the company can better manage its security risks and protect its data and applications.