That usually comes to a Third Party Risk Assessment in place. Regularly impose a TPRA to your third parties should help here.
Hi, This should be addressed using a risk-based approach. The initial request for a SOC 2 report is typically driven by the inherent risk posed by the vendor, based on scoping factors such as data access, system access, regulatory impact, and ...
Hi! If you're looking for another resource, Ncontracts has a checklist for Managing Your Vendors' AI Risk . It includes areas to ask about on vendor questionnaires and other useful info.
This message was posted by a user wishing to remain anonymous We think of "critical" in terms of impact - what would happen to our operations if something happened with this vendor? An example: If the electricity went out, that would have ...
This message was posted by a user wishing to remain anonymous Thank you for your input, Jennifer!
This Week's Power Users
Join a community dedicated to an area of third-party risk including contracts, infosec, risk assessments, policies, and more.
Gain TPRM knowledge fast. Read through these latest blog articles.
Meet, connect, and network with other users using the same third-party risk tool as you - get support and share new ideas and best practices.
Download the latest guides, infographics, samples, whitepapers, checklists, and more that can help guide you through best practices on third party risk. Visit Resources
Register and join live webinars to learn current trends and best practices from knowledgeable experts.Register Now