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What is description of Transfer as a strategy for threats?

What is description of Transfer as a strategy for threats?

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Question added by Javad Taghavi , Program Manager, Senior Adviser in Project Management , KCE Co.
Date Posted: 2017/04/10
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by Deleted user

Transfer risk is basically insurance. After performing a risk analysis, high and medium risks are mostly transferred to an insurance company through a policy in exchange of fees or premiums. 

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