This disclosure provides an apparatus and method for automatic handling of cyber-security risk events and other risk events. A method includes detecting, by a monitoring system, a first event associated with a device in a computing system. The method includes initializing a risk item corresponding to the first event, and setting the risk item to a full risk value, in response to detecting the event. The method includes determining whether a second event, corresponding to the first event, has been detected. The method includes altering the risk value over time in response to determining that no second event has been detected. The method includes determining if the risk value for the risk item has passed a threshold. The method includes clearing the event in response to the risk value passing the threshold.