Glossary definition

Residual Risk

Residual Risk is the level of risk that remains after controls and mitigations have been applied.

TPRM & GRC

Why It Matters

In security reviews

Residual risk is what the buyer ultimately accepts, tracks, or requires further remediation on before approving a vendor.

Workflow Context

Where it shows up

Determined after assessment to decide whether to approve, remediate, or grant an exception.

Common Mistakes

What to avoid
  1. Treating residual risk as a universal term with no workflow context.

    Use this as an editorial checkpoint when the term appears in a buyer review, internal workflow, or vendor evaluation.