• Mon ~ Sat | 0900 ~ 1700 hrs
  • IRN (Pvt) Ltd, Office # 109, St No. 10, E-11/4, Islamabad 44000 PK
  • +92 51 844 1257
  • Mon ~ Sat | 0900 ~ 1700 hrs
  • IRN (Pvt) Ltd, Office # 109, St No. 10, E-11/4, Islamabad 44000 PK
  • +92 51 844 1257

Our Focus

Risk Mitigation

Risk mitigation involves taking action to reduce an organization’s exposure to potential risks and reduce the likelihood that those risks will happen again. The overall goal is to lessen the impacts of risk. This entails developing policies and procedures to help mitigate risks. The process of strategically creating controls is what risk mitigation refers to. There are four types of risk mitigation strategies that hold unique to Business Continuity and Disaster Recovery. These include risk acceptance, risk avoidance, risk limitation and risk transfer. Risk mitigation includes both structural and non-structural interventions. The lessening or minimizing of the adverse impacts of a hazardous event, in particular, natural hazards, that cannot be fully prevented, but their scale or severity can be substantially reduced by various strategies and actions. It should be noted that, in climate change policy, mitigation is defined differently, and is the term used for the reduction of greenhouse gas emissions that are the source of climate change.