Remove Acceptable Risk Remove Business Continuity Remove Cybersecurity
article thumbnail

Risk Management Process – Part 3c: Risk Control

Zerto

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

article thumbnail

Important KPIs for Successful Vendor Management

Reciprocity

Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. Rather than relying on hearsay and intuition, factual data can assure senior management and other stakeholders that, yes, “Vendor X is a provider worth doing business with.”. What Are the Most Common Vendor Risks?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

Table of Contents What is the NIST Cybersecurity Framework? Does the NIST Cybersecurity Framework apply to all businesses? Should you implement the NIST Cybersecurity Framework? For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks.

article thumbnail

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

Table of Contents What is the NIST Cybersecurity Framework? Does the NIST Cybersecurity Framework apply to all businesses? Should you implement the NIST Cybersecurity Framework? For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks.

article thumbnail

The Best Risk Management Courses on Pluralsight to Consider Taking

Solutions Review

TITLE: Designing, Implementing, and Maintaining a Business Continuity Plan. The class covers the importance of business continuity, as well as its relationship to cybersecurity. First, you will see how to assess risk.

article thumbnail

Third-Party Due Diligence Best Practices

Reciprocity

However, in cybersecurity, you need to update it to “if you build it, they will come, but they won’t get in.” Due diligence in vendor management requires you to maintain that security-first approach and find organizations that also take cybersecurity seriously. How critical to business operations is the vendor?

article thumbnail

The Difference Between Strategic and Operational Risk

Reciprocity

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Examples of Operational Risk.