Residual risk is the remaining risk after implementing risk responses, such as controls or mitigation strategies. With the deployment of an IAM solution, the organization has addressed certain access-related risks. Updating the risk register to reflect the new residual risk levels ensures accurate tracking and informs future risk management decisions.
[Reference:ISACA CRISC Review Manual, 7th Edition, Chapter 3: Risk Response and Reporting, Section: Risk Response., , , , , ]
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