Verification
From Open Risk Manual
Revision as of 20:12, 16 March 2020 by Wiki admin (talk | contribs)
Definition
Verification. Confirmation, through the provision of evidence, that specified requirements have been fulfilled.
- In the context of Supply Chain Finance It is a service offered by the factor/financier to establish the validity of a debt/receivable before its due payment date.
- In the context of Cyber Risk it is the confirmation, through the provision of objective evidence, that specified requirements have been fulfilled.
Reference
- ISO/IEC 27042:2015
