A named, signed and expiring decision by someone with the authority a residual band requires, that a risk may remain for a bounded period under named compensating controls and a monitoring signal that voids it 1. Authority rises with the rating; a prohibited use cannot be accepted by anyone.
- Developed in
- ch. 13, Who may accept
ch. 12, Risk acceptance and exceptions - Chapters
- ch. 12, Governance Program · ch. 13, Risk Management
- Contrast with
- Exception register
- Source
- 1 numbered reference, listed below
Where it is used
2 chapters of the Body of Knowledge use the term. Each link opens the first section that does.
- 12 · Governance Program The stakeholder map 4 mentions
- 14 · Development Data for training and testing 1 mention
Related terms
Sources
- [1] Artificial Intelligence Risk Management Framework (AI RMF 1.0), NIST AI 100-1 (risk tolerance and residual risk; seven trustworthy characteristics; transparency answers "what happened", explainability "how", interpretability "why"; MAP 1.1 intended purposes; MANAGE 1.1 go/no-go determination; profiles). NIST. 2023-01-26. https://doi.org/10.6028/NIST.AI.100-1 (verified: primary)
Definitions of legal terms paraphrase the cited text, which governs. Dated statements are as of .