Residual Risk: Control Effectiveness, Residual Scores & Rating Bands
This lesson is part of the course
In this lesson
You apply control-effectiveness ratings to the inherent scores, compute residual scores and ratings, and measure how much risk the controls remove across the whole register.
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Lessons in this course
- The Obligations Register: Sources, Owners, Frequencies & Next Due Dates Locked
- Inherent Risk: Likelihood × Impact with Scoring Scales Locked
- Residual Risk: Control Effectiveness, Residual Scores & Rating Bands Locked
- The 5×5 Heat Map: Counting Risks per Cell and Colouring the Zones Locked
- Risk Appetite: Limits per Category, Escalation Flags & a Filtered Escalation List Locked
- Privacy Deadlines: Data-Subject Requests and the 72-Hour Breach Clock Locked
- Issues & Remediation: Days Open, Ageing Buckets and the Closure Rate Locked
- Key Risk Indicators: 12-Month Trends, Traffic Lights, Sparklines & a Board Summary Locked