Risk escalation
Risk escalation
Occurs when a particular threshold is reached, either based on a time frame or some other risk condition, thus requiring a higher level of attention. For example, a risk that has remained through more than two fiscal periods without adequate treatment might be flagged for additional scrutiny. Another condition for escalation might occur if, during risk monitoring, conditions indicate that the risk exposure rating will significantly exceed the initial estimates.
Source: NISTIR 8286B-upd1 | Category: