The purpose of disclosure of residual risk is to inform stakeholders, decision-makers, or the general public about the remaining risks that could potentially impact a project, product, or organization, even after risk mitigation measures have been implemented. Residual risk refers to the level of risk that remains after risk management efforts have been applied.
By disclosing residual risk, organizations can achieve several important objectives:
Transparency: It promotes openness and transparency in risk management practices, providing stakeholders with a clear understanding of the potential risks that still exist.
As the Information Security Officer in an organization, it is your responsibility to secure system or sensitive information and protect against vulnerabilities - or as I like to call it, “keeping the bad guys out.”
There are a few different scenarios that could lead to a failure in security:
You may not be aware of vulnerabilities in the system. (Oops!) You may be aware of vulnerabilities but have not taken action to address them.
Today I have passed the AZ-500: Microsoft Azure Security Technologies exam which helped me to gain Microsoft Certified: Azure Security Engineer Associate credential.
Luckily, I am part of a project which is using Microsoft Azure as a cloud provider. Working on this project helped me to get practical exposure to the security aspects of cloud technologies.
What motivated me?
Keeping myself up-to-date with the security best practices around Azure cloud motivated me to do this certification.
