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5 Steps towards an Actionable Risk Appetite

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As a governance professional, it’s your job to make sure these decisions are directly in line with the company’s unique goals and objectives. Understanding Risk Appetite and Risk Tolerance An organization-wide risk appetite can be a powerful statement that gives your risk program direction. Risk Appetite.

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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. Business Continuity. Cybersecurity.