Understanding Inherent Vs. Residual Risk In Business Continuity
“Inherent vs. residual risk” is more accurately phrased “inherent and residual risk,” as the two concepts go hand in hand. Despite their value, however, very few organizations do the legwork required to evaluate the inherent and residual risk in their business and/or information technology recovery plans. While the process may uncover areas in need of improvement, it also helps organizations to optimize valuable resources and effectively minimize risk.
