"Shifting currently or potentially risky activities to another company." (Annetta Cortez & Bob Yehling, "The Complete Idiot's Guide® To Risk Management", 2010)
"A form of risk treatment involving the agreed distribution of risk with other parties" (David Sutton, "Information Risk Management: A practitioner’s guide", 2014)
"A risk response strategy whereby the project team shifts the impact of a threat to a third party, together with ownership of the response." (Project Management Institute, "The Standard for Portfolio Management 3rd Ed.", 2012)
"Transferring all or part of the cost of a risk to a third party (most commonly an insurance provider)." (Mark Rhodes-Ousley, "Information Security: The Complete Reference" 2nd Ed., 2013)
"One of the risk treatment options is to transfer the risk to or to share it with a third party. Transferring or sharing the risk, however, does not change ownership of the risk, which remains with the organisation itself, regardless of who else shares the risk." (David Sutton, "Information Risk Management: A practitioner’s guide", 2014)
"Project team shifts the impact of a threat to a third party together with ownership of the response." (Cate McCoy & James L Haner, "CAPM Certified Associate in Project Management Practice Exams", 2018)
"A form of risk treatment involving the agreed distribution of risk with other parties." (ISO Guide 73:2009).
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