Understanding a Vendor Risk Appetite Statement
Vendor risk appetite is the amount of risk an organization is willing to accept to meet its strategic goals and objectives based on quantitative and qualitative measurements.
Risk appetites are unique to every organization because they’re based on specific strategies and attributes that influence organizational behaviors. Learn how to decide if the benefits of a product, service, or particular vendor outweigh the risks.
Download the infographic for:
- A breakdown of what a vendor risk appetite statement is
- Questions to ask to determine if the vendor risk is acceptable
- Benefits of a vendor risk appetite statement
- Best practices to help develop a risk appetite statement
- And more