Risk that remains after risk mitigation is known as

 Definition of Residual Risk:

Residual risk refers to the risk remaining after implementing risk mitigation measures.

 Managing Residual Risk:

It is the responsibility of security executives to assess and accept residual risks based on the organization’s risk tolerance and appetite.

 Supporting Reference:

The CCISO program highlights residual risk management as a critical part of risk management frameworks, emphasizing continuous monitoring.