Which of the following best describes the risk present after controls and mitigating factors have been applied?

Residual risk is the risk that remains after all security controls, countermeasures, and mitigating factors have been implemented. It's the level of risk an organization is willing to accept after making reasonable efforts to reduce it. Avoided risk refers to risk that an organization chooses not to engage with by eliminating the activity or asset causing the risk. Inherent risk is the raw, unmitigated risk present before any controls are applied. Operational risk relates to the risks of loss resulting from inadequate or failed internal processes, people, and systems, or from external events.