RA-7 Risk Response

Description

Organizations have many options for responding to risk including mitigating risk by implementing new controls or strengthening existing controls, accepting risk with appropriate justification or rationale, sharing, or transferring risk, or avoiding risk. The risk tolerance of the organization influences risk response decisions and actions. Risk response addresses the need to determine an appropriate response to risk before generating a plan of action and milestones entry. For example, the response may be to accept risk or reject risk, or it may be possible to mitigate the risk immediately so that a plan of action and milestones entry is not needed. However, if the risk response is to mitigate the risk, and the mitigation cannot be completed immediately, a plan of action and milestones entry is generated.

Applicability

This Control applies to all information security risk assessments that are conducted annually for university information resources.

Implementation

TAMU-CC shall respond to findings from security and privacy assessments, monitoring, and audits in accordance with organizational risk tolerance.

Revision History

Last Updated: February 21, 2025

Previous Versions:

  • June 29, 2023
  • May 31, 2022
  • March 25, 2021
  • September 16, 2019