Necessary changes to reduce the impact of identified risks typically include which of the following?

The correct approach to reducing the impact of identified risks involves implementing tangible and relevant protective measures, which is precisely what changes to physical protection and cyber security entail. These changes directly address potential vulnerabilities that could threaten the organization’s assets, data, and operational continuity. Enhancing physical security measures may include upgrading locks, installing surveillance systems, or limiting access to sensitive areas. Strengthening cyber security often involves updating software, improving network defenses, and educating employees about security protocols. By addressing these critical areas, an organization can significantly mitigate potential risks and ensure better resilience against various threats.

Changes in leadership structure, while important for overall governance and strategy, do not directly correlate with risk reduction measures in the context of operational or physical threats. Upgrading office furniture may improve employee comfort or aesthetics but lacks relevance in terms of managing risks. Similarly, increasing the budget for marketing does not impact risk management, as it focuses on promoting products or services rather than safeguarding the organization against identified risks. Focusing on physical and cyber security plays a crucial role in a comprehensive risk management strategy.