Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Vendor Risk Management Guide

White Paper, March 16, 2016

Download now

By downloading this asset you consent to your details being shared with the sponsor, receiving communications from the sponsor and Compliance Week, and having a free Compliance Week account created for you.

Managing vendor risk is an ongoing process. As your organization embarks on or continues with this process, you want to get the most benefit from the program and ensure that the information you learn is used organization-wide to make better decisions.

Organizations implement vendor risk management programs as a formal way to evaluate, track, and measure third-party risk; to assess its impact on all aspects of your business; and to develop compensating controls or other forms of mitigation to lessen the impact on your business if something should happen. A program of this nature gives you consistency for managing your vendors and a way to share information about them within your organization.

Download our guide, Four Keys to Successful Vendor Risk Management, to learn how to:

  • Utilize the best methods for identifying potential vendor risks
  • Develop effective strategies for addressing higher-risk vendors
  • Align vendor control environments with your internal framework
  • Implement ongoing oversight utilizing metrics and external alerts