Difference between revisions of "Verification"

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Revision as of 20:12, 16 March 2020

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