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The 5 Most Important Factors to Understanding an Initial Risk Profile (IRP)
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The Ultimate TPRM & Cyber Risk Glossary
When in doubt, use an acronym.
Whether you’re a seasoned healthcare CISO or you’re new to the industry and convinced people are just making up acronyms—this glossary has you covered. From standard industry frameworks to CORL-specific terms, it’s your Rosetta Stone for healthcare TPRM, cyber risk, and compliance.
Understanding Initial Risk Profile
Initial Risk Profile, or IRP, refers to a high-level analysis of vendor risk within your organization. Prior to a more comprehensive assessment of vendor risk, an initial risk profile allows a healthcare payor or provider to better understand the level of risk that exists within their vendor landscape and begin shaping a strategy to manage that third-party risk.
At CORL, we can help you develop a robust Initial Risk Profile to elevate your risk management approach. If you’re interested in learning more, contact us.