Minimizing software security risks involves applying the principle of least privilege (POLP), which restricts users’ access rights to only what is necessary for their job functions. This minimizes the potential for malicious or accidental misuse of system resources. Allowing full administrative privileges or storing sensitive data in plain text introduces vulnerabilities that attackers can exploit, while relying solely on user passwords neglects the need for layered security measures like multi-factor authentication. POLP is a cornerstone of cybersecurity best practices, ensuring that access to critical systems and data is carefully controlled.