Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Residual risk is the threat or vulnerability that remains after all risk treatment and remediation efforts have been implemented. Even with an astute vulnerability sanitation program, there will always be vestiges of risks that remain, these are residual risks. Because they will always be present, the process of managing residual risk involves setting an acceptable threshold and then implementing programs and solutions to mitigate all risks below that threshold.

DLP security strategies, benefits explained The threat landscape is a constantly evolving challenge for enterprise security professionals – the number of cyberattacks is continuing to rise, data exfiltration is now included in 70% of ransomware attacks, and insiders are responsible for 30% of all data breaches. As a result, enterprises are constantly looking for ways to reduce the risk of sensitive data being leaked outside the company.

Inherent risks are the cyber risks and vulnerabilities within an organization before security measures are implemented. In contrast, residual risk is calculated after cybersecurity protections have been put in place to protect against all of these inherent risks; its calculation includes every possible attack vector that could affect a system or data.

Though digital transformation is necessary, it's accompanied by some serious risks. This is the scaling conundrum of 2021 - organizations must embrace digitization to remain relevant, however, the greater the digital transformation, the greater the associated digital risks. Thankfully, with the correct digital risk management, organizations can continue to safely embrace digital transformation while mitigating the byproduct of digital risks.