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The BEST definition of risk management in the context of software development is:
Managing the impact of new software exploits according to risk of occurrence
The balancing act between protection of IT assets and the cost of implementing software security controls
Managing the risk of introducing new software developments during implementation of "bolt on" features
The balance between risk of continuing to use legacy software vs developing new solutions
The BEST definition of risk management in the context of software development is the balancing act between protection of IT assets and the cost of implementing software security controls.
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