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A financial institution is creating a new product database tor their clients.

A financial institution is creating a new product database tor their clients. The project sponsor of this project is concerned about failure of the digital platform that hosts the database. The risk manager states that this risk will only occur if there is a major power outage; however, the financial institution has back-up power generators in place.

What type of risk is being referred to here?

A.

Major risk

B.

Residual risk

C.

Secondary risk

D.

Environment risk

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