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Important KPIs for Successful Vendor Management

Reciprocity

The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. Cybersecurity. An information security questionnaire for vendors can help you focus on particular weaknesses or systems within vendors’ network environments.

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The Difference Between Strategic and Operational Risk

Reciprocity

Since operational risks are constant, varied, and increasingly complex, ORM is an ongoing activity. It is guided by four fundamental principles: Accept no unnecessary risk. Accept risk when benefits outweigh costs. Make risk decisions at the appropriate level. Anticipate and manage risk with planning.