Advanced Risk release notes

topic australia Updated Oct 6, 2026 1 min read grc-advanced-risk-rn.md

The ServiceNow® Advanced Risk application enables you to identify, analyze, evaluate, treat, and monitor risks that could impact your organization in achieving its business objectives. Release notes are organized by version.

About Advanced Risk

Introduces a rollup method that derives all risk scores from a single risk record based on the highest residual risk, improving traceability and alignment.
Eliminate inconsistent risk assessment inputs by allowing administrators to hide the Not applicable option in control and residual assessments, improving calculation accuracy and reliability.
Assign risk event owners, issue owners, and risk event approvers based on entity fields, in addition to static user or group selection.
Use the Risk Suggestion AI Agent to refine and confirm risks, by providing additional context and reviewing, updating, renaming, or removing suggested risks before they're added.
Use a structured workflow to draft, review, and approve control objective updates before making them active.

See Advanced Risk Assessment for more information.

Activation and other requirements

Important: Advanced Risk is available in the ServiceNow Store. For details, see the "Activation information" section of these release notes.

Activation information

Install Advanced Risk by requesting it from the ServiceNow Store. Visit the ServiceNow Store to view all the available apps, and for information about submitting requests to the store. For cumulative release notes information for all released apps, see the ServiceNow Store version history release notes.

Parent Topic:Governance, Risk, and Compliance release notes

Keywords Advanced Riskrisk managementrelease notes

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---
title: Advanced Risk release notes
description: The ServiceNow Advanced Risk application enables you to identify, analyze, evaluate, treat, and monitor risks that could impact your organization in achieving its business objectives. Release notes are organized by version.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/release-notes/grc-advanced-risk-rn.html
release: australia
topic_type: topic
last_updated: "2026-10-06"
reading_time_minutes: 1
keywords: [Advanced Risk, risk management, release notes]
breadcrumb: [Governance, Risk, and Compliance release notes, Features and changes by product, Release notes for upgrading from Australia, Learn about the Brazil release, Brazil release notes]
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# Advanced Risk release notes

## About Advanced Risk

- Introduces a rollup method that derives all risk scores from a single risk record based on the highest residual risk, improving traceability and alignment.
- Eliminate inconsistent risk assessment inputs by allowing administrators to hide the Not applicable option in control and residual assessments, improving calculation accuracy and reliability.
- Assign risk event owners, issue owners, and risk event approvers based on entity fields, in addition to static user or group selection.
- Use the Risk Suggestion AI Agent to refine and confirm risks, by providing additional context and reviewing, updating, renaming, or removing suggested risks before they're added.
- Use a structured workflow to draft, review, and approve control objective updates before making them active.

See Advanced Risk Assessment for more information.

## Activation and other requirements

**Important:** Advanced Risk is available in the ServiceNow Store. For details, see the "Activation information" section of these release notes.

- **Activation information**

Install Advanced Risk by requesting it from the ServiceNow Store. Visit the [ServiceNow Store](https://store.servicenow.com/sn_appstore_store.do#!/store/home) to view all the available apps, and for information about submitting requests to the store. For cumulative release notes information for all released apps, see the [ServiceNow Store version history release notes](https://www.servicenow.com/docs/r/store-release-notes/sn-store-release-notes.html).

**Parent Topic:**[Governance, Risk, and Compliance release notes](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/release-notes/grc-rn-landing.md)