The Process of Inherent to Residual Vendor Risk
Vendor risks are always present. Although you can't eliminate the vendor's inherent risk, you can lessen the likelihood, occurrence, severity, or impact of those original risks by identifying and implementing controls.
In this infographic, learn the process of inherent to residual vendor risk and an overview of the concepts.
Download the infographic for:
- A visual flow of the inherent to residual vendor risk process
- What inherent and residual vendor risks are
- 5 common ways to monitor and manage inherent risk