What is the aim of risk mitigation in the context of risk management?

Risk mitigation in the context of risk management primarily focuses on strategies and actions designed to minimize potential losses associated with identified risks. This involves assessing the various risks an organization faces and implementing measures to reduce either the likelihood of those risks occurring or the impact they would have if they did occur.

For instance, this could involve adopting security measures to prevent data breaches, implementing backup solutions to protect against data loss, or engaging in thorough training programs to reduce the chances of human error. Ultimately, the goal of risk mitigation is to safeguard the organization's assets, operations, and reputation by proactively addressing vulnerabilities and threats.

The other options presented do not align with the aim of risk mitigation. While increasing system speed, enhancing user experience, and compiling incident reports are certainly important aspects of IT management and security efforts, they do not directly address the purpose of risk mitigation, which is fundamentally about reducing potential losses.