Cloud Security Incident Compensation
Mitigate the risk (For instance if the cost of the control is lower than the potential losses) Avoid the risk (This often covers risk with a very high financial impact and high likelihood of occurrence) Accept the risk (The organization decides not to implement controls for various reasons, including cost effectiveness) Transfer the risk (Usually to a 3rd party insurance) Compensation from a responsible 3rd party service provider, however, is not always considered....