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Glossary › Termination Risk
What is Termination Risk ?
Termination risk arises from vendor offboarding challenges such as data return, access removal, operational transitions, or loss of institutional knowledge. In TPRM, organizations evaluate whether exiting a vendor relationship can be done safely.
FAQs
What causes termination risk?
Data retention issues, system dependencies, or lack of replacement vendors.
Can termination risk be mitigated?
Yes, with strong offboarding plans and contracts.
Should termination be planned early?
Yes, planning begins during onboarding.
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