Target Residual Risk

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Definition(s):

The amount of risk that an entity prefers to assume in the pursuit of its strategy and business objectives, knowing that management will implement, or has implemented, direct or focused actions to alter the severity of the risk.
Source(s):
NISTIR 8286 from COSO Enterprise Risk Management

Glossary Comments

Comments about specific definitions should be sent to the authors of the linked Source publication. For NIST publications, an email is usually found within the document.

Comments about the glossary's presentation and functionality should be sent to secglossary@nist.gov.

See NISTIR 7298 Rev. 3 for additional details.