During a risk assessment, results show that a fire in one of the company’s datacenters could cost up to $20 million in equipment damages and lost revenue. As a result, the company insures the datacenter for up to $20 million in damages for the cost of $30,000 a year.
Which of the following risk response techniques has the company chosen?
A . Transference
B . Avoidance
C . Mitigation
D . Acceptance
Answer: A