Which of the following best describes the term "risk appetite" in IT risk management?

  • A measure of potential profit
  • A tolerance for loss
  • Likelihood of an incident
  • Willingness to accept risk
"Risk appetite" in IT risk management refers to an organization's 'willingness to accept risk.' It signifies how much risk an organization is prepared to undertake in pursuit of its objectives, balancing potential rewards and uncertainties.
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