Question

A transport network company that provides private taxi cab services has a web application that allows customers to schedule appointments with their driver. The application runs on outdated software and represents a security risk, but the software is also critical for business operations.

The company decides to discontinue using this software given the risks that it entails, instead electing to run tasks manually using Excel spreadsheets.

What kind of risk response does this represent?

answer

Acceptance


Mitigation


Avoidance


Transference

Answers

GPT-4o mini
The scenario described represents **Avoidance**.

In this case, the company has decided to discontinue using outdated software due to the security risks it poses. By choosing to run tasks manually using Excel spreadsheets, they are effectively avoiding the risk associated with the outdated software. Avoidance involves eliminating the risk entirely, which is what the company is attempting to do by moving away from the risky software solution.