Risk reduction is the process of minimizing or mitigating potential hazards and uncertainties to enhance safety and security. It involves identifying, assessing, and taking proactive measures to diminish the likelihood of adverse events or their impact. This can be achieved through various strategies, such as implementing safety protocols, diversifying investments, or purchasing insurance. By reducing risks, individuals, organizations, and communities can safeguard their assets and well-being, ensuring a more stable and predictable future. It is a fundamental concept in risk management, aiming to prevent or lessen the negative consequences of unexpected events and uncertainties.