Taking steps and precautions to reduce the likelihood of something negative or hazardous happening or reducing the extent of the exposure to a risk is called risk modification.?

Risk modification refers to the proactive measures taken to mitigate potential hazards or negative outcomes. This can involve implementing safety protocols, using protective equipment, or altering processes to minimize exposure to risks. By addressing vulnerabilities, individuals and organizations can enhance safety and reduce the likelihood of adverse events occurring. Ultimately, risk modification aims to create a safer environment through informed decision-making and strategic planning.