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

  • The ability to predict future IT risks accurately
  • The level of tolerance for spicy food in the IT department
  • The organization's readiness to accept and manage IT risks to achieve its objectives
  • The willingness to take risks in IT projects
"Risk appetite" in IT risk management refers to an organization's preparedness to accept and manage IT risks in pursuit of its goals and objectives. It involves assessing the balance between risk-taking and risk aversion in IT decision-making.
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