Remove Acceptable Risk Remove Audit Remove Business Continuity Remove Insurance
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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.

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The Difference Between Strategic and Operational Risk

Reciprocity

Operational risk refers to the potential for losses that may result from disruptions to day-to-day business operations. These risks can have a financial impact, affect business continuity, damage the organization’s reputation, and weaken its compliance. Examples of Operational Risk.