Which state is the risk rating determined in for a Policy Exception?

The state in which the risk rating for a Policy Exception is determined is the Analyze state. In this phase, organizations assess the potential impacts and likelihood of risks associated with a policy exception. This evaluation involves a thorough examination of the situation to quantify the risks, allowing stakeholders to understand the implications of not adhering to the standard policies.

By focusing on the Analyze stage, teams can use the information gathered to make informed decisions regarding the acceptance, mitigation, or further investigation of the exception. This process is crucial as it lays the foundation for risk management and establishes a clear understanding of how the policy exception might affect overall compliance and risk posture.

In contrast, the Review stage typically involves examining the findings and conclusions drawn during analysis. The Monitor stage focuses on overseeing the compliance and effectiveness of the implemented policies over time, while the Attest stage is about confirming adherence to the established controls and policies. Each of these stages plays a role in the broader context of risk management; however, the specific determination of risk rating is firmly rooted within the Analyze stage.