When an identified risk is not mitigated by an existing control this is known as Residual risk.
Residual risk is the risk left after a mitigating effect or control have been used.
Other risk would have been eliminated but these risk still remains.
Therefore, When an identified risk is not mitigated by an existing control this is known as Residual risk.
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When an identified risk is not mitigated by an existing control this is known as Residual risk.
Residual risk swerves as the risk that still exist after making all efforts to identify and eliminate all types of risk .
In this case, When an identified risk is not mitigated by an existing control this is known as Residual risk.
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