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The three basic categories of control in risk management (RM) are preventive, detective, and corrective controls. Preventive controls aim to reduce the likelihood of a risk occurring, such as implementing security measures or policies. Detective controls identify and alert to risks that have already occurred, such as monitoring systems or audits. Corrective controls involve actions taken to rectify issues after they have been detected, ensuring that the organization can recover and mitigate further risks.

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1mo ago

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