An organization decided not to put controls in place because of the high cost of...

Acceptance is a risk management strategy that involves acknowledging the existence and potential impact of a risk, but deciding not to take any action to reduce or eliminate it. This strategy is usually adopted when the cost of implementing controls outweighs the benefit of mitigating the risk, or when the risk is deemed acceptable or unavoidable. In this case, the organization decided not to put controls in place because of the high cost compared to the potential fine, which means they accepted the risk. References: https://www.comptia.org/blog/what-is-risk-acceptance