VENDOR RISK ASSESSMENT

[address supply chain risks]

WHAT IS A VENDOR RISK ASSESSMENT?

Today’s business climate is complex. The cloud, Software-as-a-Service (SaaS), mobility, outsourcing and third-party service providers has increased efficiencies, conveniences and profits for businesses globally. These same advancements have introduced new cybersecurity risks and challenges to any organization working beyond their four walls.

Whether you are required to assess the risk of your third parties or you are buried in vendor risk questionnaires, Vendor Risk Management is the solution.

Vendor Risk Management has become a critical function for any business that utilizes third-parties for critical business functions.

VENDOR RISK ASSESSMENT METHODOLOGY

This Risk Assessment is based on the following regulations and standards:

  • NIST SP 800-30 Risk Management Guide
  • NIST SP 800-37 Applying the Risk Management Framework
  • NIST SP 800-53 Security and Privacy Controls for Federal Information Systems
  • NIST Cybersecurity Framework
  • ISO 27002:2013

VENDOR RISK ASSESSMENT OBJECTIVES

Respond to vendor risk questionnaires

Identify third-party vendors and their associated cybersecurity risks

Ensure compliance with regulatory requirements

Develop a prioritized, actionable plan for vendor risk mitigation

Initiate the Vendor Risk Management process to promote continuous evaluation of vendor risks

Enhance third-party vendor contracts

WE HAVE THE DATA TO PROVE IT

Our clients have successfully responded to vendor risk questionnaires, satisfied regulatory compliances and effectively handled intrusions and breaches. We can do the same for you. We do cybersecurity. All day, every day.