Risk Acceptances
The Risk Acceptances page in CyberGuard.ai provides a structured way to document and manage business decisions where certain risks are consciously accepted. It allows organizations to record the rationale behind each acceptance, define its scope and duration, and maintain accountability for risk-based decisions that deviate from standard mitigation practices.
This ensures transparent and traceable governance over residual risks within the cybersecurity and compliance program.
Usage Notes
Overview
Each entry represents a specific Risk Acceptance Record, including details such as Name, Description, and associated Risk Scenarios.
The Search feature allows users to quickly locate a record, while the Filters option refines entries based on category, domain, or risk type.
Risk Scenarios
Accepted risks are linked to corresponding Risk Scenarios identified through assessments or audits.
This linkage helps track how individual risk acceptance decisions impact the organization’s overall risk posture.
Accountability and Review
Each acceptance should include documented justification, compensating controls (if applicable), and a defined review period.
Periodic reviews ensure that previously accepted risks remain relevant and are reassessed if circumstances change.
Governance and Documentation
Risk acceptances provide traceability for audit and compliance purposes.
They help demonstrate that decisions to accept risks are informed, authorized, and aligned with business priorities.
Benefits
Centralizes all risk acceptance decisions for transparency and accountability.
Ensures compliance with governance frameworks and audit requirements.
Supports better decision-making by connecting accepted risks to defined scenarios.
Encourages proactive review of accepted risks to maintain control effectiveness.
Related Pages
Policies – Defines organizational rules and controls that may influence risk acceptance decisions.
Exceptions – Documents deviations from policies or controls that may lead to accepted risks.
Findings Tracking – Monitors audit or assessment findings that result in accepted risks.
Risk Register – Provides a comprehensive view of all identified risks, including accepted ones.
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