Remove Acceptable Risk Remove Audit Remove Evaluation Remove Event
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The Difference Between Strategic and Operational Risk

Reciprocity

Operational risks stem from inadequate or failed internal procedures, employee errors, cybersecurity events, or external events such as a weather disaster. A comprehensive operational risk management (ORM) plan is critical to identify these risks and implement practical steps to manage them. What Is Strategic Risk?

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Important KPIs for Successful Vendor Management

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The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. KPIs are metrics based on business outcomes; you are measuring something based on an earlier event. You need to know if a vendor has experienced a data breach or event. Cybersecurity.