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10 Risk Mitigation Strategies You Need to Know

Risk management in modern organizations requires automated data-driven technology. Businesses must identify and prioritize risks, though definitions vary, making it hard to understand exposure. Risk mitigation helps minimize harm, often through controls and contingency plans. Common strategies include risk acceptance, avoidance, transfer, sharing, buffering, strategizing, testing, quantification, reduction and digitization. To manage cybersecurity and operational risks centrally, businesses must integrate strategies into their organizational culture, moving away from risky manual processes.

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Flow Security Launches GenAI DLP

Flow Security, an Israel-based data security platform, has incorporated a GenAI DLP module to secure data for GenAI services and applications. The move seeks to