What does a solid risk management strategy aim to achieve?

A solid risk management strategy focuses on limiting exposure to risks while effectively managing the costs associated with mitigation. This approach recognizes that it is impossible to eliminate all risks completely; rather, the goal is to balance the potential impact of identified risks with the resources available to mitigate those risks.

By prioritizing risk mitigation strategies based on the likelihood of occurrence and the potential consequences, organizations can allocate their resources more efficiently. This allows them to implement countermeasures that are proportionate to the threat and can be justified economically. A comprehensive risk management strategy also involves continuously monitoring and reassessing risks to adapt to any changes in the environment or operations.

The other options do not align with the overarching principles of effective risk management. For instance, aiming to prevent all risks at any cost is impractical and may lead to resource wastage without significant added security. Identifying only the most flourishing countermeasures overlooks the importance of assessing the adequacy of countermeasures in relation to the specific risks faced. Focusing solely on internal vulnerabilities neglects the external risks that could impact the organization, ultimately hindering a holistic risk management approach.