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Risk management is at the heart of any effective disasterrecovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.
Risk management is at the heart of any effective disasterrecovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.
PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. PayFacs also handle risk assessment, underwriting, settling of funds, compliance, and chargebacks. Some PayFacs completely avoid working with merchants from such industries.
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