Inherent Risk refers to the level of risk present before any mitigation actions or controls are applied.

Definition:

It represents the natural level of risk associated with an activity or environment without considering risk management measures.

Contrasted with Residual Risk:

Residual Risk is the risk remaining after mitigation efforts are applied.

Why Other Options Are Incorrect:

A (Uncontrolled Risk): Not a standard risk management term.

C (Vulnerability): Refers to weaknesses that increase susceptibility to risk, not the risk level itself.

D (Residual Risk): Comes after controls are applied, opposite to inherent risk.