What action does Risk Avoidance primarily focus on?

Risk Avoidance primarily focuses on completely eliminating risks by changing plans to sidestep potential threats or vulnerabilities. This concept means that instead of accepting the risks and implementing risk mitigation strategies, organizations choose to alter their processes or avoid certain actions altogether that might lead to exposure.

For example, if a company identifies that launching a product in a particular market poses significant cybersecurity risks, they might decide not to enter that market at all. By doing so, they eliminate the risks associated with that specific venture. This approach is particularly valuable when risks are deemed too high and the potential negative impacts are significant.

While other options discuss various risk management strategies—such as mitigating, monitoring, or transferring risks—none of these capture the essence of risk avoidance, which is entirely centered on eliminating the risk itself rather than managing or sharing it in some way.