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The Difference Between Strategic and Operational Risk

Reciprocity

AUGUST 17, 2022

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?

Strategic 52
Strategic Risk Management Mitigation Evaluation 52
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Important KPIs for Successful Vendor Management

Reciprocity

AUGUST 24, 2022

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. Cybersecurity. Staff training. Cybersecurity incidents.

Management 52
Management Risk Management Cybersecurity Strategic 52
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