Answer :

Final answer:

Record ownership and role-based access are essential strategies in reducing organizational risk by enhancing security, compliance, and data protection.


Explanation:

Record ownership and role-based access are indeed common strategies used in organizations to reduce organizational risk. Record ownership ensures that specific individuals are responsible for maintaining and protecting sensitive data, while role-based access restricts access to information based on an individual's role within the organization.

By implementing these strategies, organizations can limit the exposure of sensitive data, resulting in enhanced security and compliance with regulatory requirements.

Overall, utilizing record ownership and role-based access helps organizations mitigate potential threats and protect their critical information assets.


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