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What is residual risk?
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gross total risk without the application of controls is described as inherent risk. once controls are in place, much of this risk is mitigated and what remains is residual risk
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1. Assume that passwords are selected from four-character combination of 26 alphabetic characters. Assume that an adversary is able to attempt passwords at a rate of one per second. a. Assuming no feedback to the adversary until each attempt has been completed, what is the expected time to recover the correct password? b. Assuming feedback to the adversary flagging an error as each incorrect character is entered, what is the expected time to discover the correct password?
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