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Acceptable Risk

Definitions:

  the level of Residual Risk that has been determined to be a reasonablelevel of potential loss/disruption for a specific IT system. (See Total Risk, Residual Risk, and Minimum Level of Protection.)
Sources:
NIST SP 800-16

  A level of residual risk to the organization’s operations, assets, or individuals that falls within the defined risk appetite and risk tolerance by the organization.
Sources:
NIST SP 800-161r1