A security team has completed a risk assessment and identified several vulnerabilities in their network infrastructure. Management has allocated a limited budget for remediation. Which of the following is the MOST critical next step in the risk management process?
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A
Implement security controls for all identified vulnerabilities.
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B
Transfer all identified risks by purchasing a comprehensive cybersecurity insurance policy.
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C
Prioritize risks based on their potential impact and likelihood of occurrence.
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D
Initiate a new risk assessment to validate the initial findings.