Making Risk Disappear

In Cybersecurity and in real life, risk never disappears.

You can mitigate with the best security controls.
You can transfer with the best insurance.
You can avoid losing opportunity cost.
Or you can accept it.

But you cannot delete.
If you remove all risk, you remove the business.
And sometimes, you remove the decision-maker too.

Residual risk is the portion of the total risk that remains after implementing security controls. Someone must own that risk. Usually, that person is in business.