GRCLibrary.ai

Policy

Exception and Risk Acceptance Management Policy

This policy defines the organization-wide process for managing security, risk, compliance, and operational exceptions. It consolidates the former Exception Process, Risk Acceptance Memo Procedure, Temporary Waiver Procedure, and Exception Tracking Log into one cohesive governance artefact.

Type
Policy
Version
1.5.10
Date
2026-10-27
Owner
Chief Information Security Officer
Approving authority
Governance Library Maintainer
Classification
Public
Confidentiality
Public
Category
Governance
Review frequency
Annual or as required by regulatory or framework changes
Licence
CC BY-SA 4.0

Read the full text on GitHub (opens in a new tab)

Outline

  • 1. Purpose
  • 2. Scope
  • 3. Governance and accountability
  • 4. Policy and control statements
  • 5. References and framework alignment
  • 6. Compliance mapping table
  • 7. Definitions

Frameworks it maps to

Related documents