COVID-19 Resources

COVID-19 and TPRM Consideration Resources
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With COVID-19 at the forefront of our minds, it is important now more than ever to ensure that your vendors are prepared in these type of situations. Loss of service, especially from critical vendors, could result in disruptions to your organization. While there are a huge range of resources available within the community's Learning Center, below are recommended current reading. 

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COVID-19 Shines a Light on the Importance of Third-Party Risk Management

COVID-19 has increased risk within all facets of an organization, especially with vendor relationships. If you’re new to vendor management or looking for ways to improve your program in light of the recent pandemic, this infographic can help.
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Are You Ready for the COVID-19 Vendor Risk Management Tsunami?

A non-pandemic vendor risk management environment already requires quite a large amount of resources. Now, with COVID-19 impacting many vendors' businesses, the workload is increasing. Use this infographic to learn the efficiency improvements you'll need to make.
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10 Vendor Risk Management Practices You Should Be Doing During the COVID-19 Pandemic

COVID-19 is a powerful reminder that no organization is immune to business impacting events. To help you deal with current COVID-19 challenges, here are 10 helpful best practices you should be doing to protect yourself from negative effects of the pandemic.
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Are You Reviewing Your Vendor's BCP and Disaster Recovery?

Business impacting events will happen, so verify your vendor is implementing strong business continuity and disaster recovery planning. Learn components, what can go wrong if plans aren’t done properly and steps of how to analyze.
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My Vendor Has Suffered a Data Breach: Now what?

Unfortunately, cyber attacks have become a normal part of daily routine. This infographic covers what you need to do in the event of a data breach from your vendor, best practices for handling one and how to be proactive for the future.
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How to Review a Vendor's Pandemic Plan

Now is especially an important time to review a vendor's pandemic plan. Learn what a pandemic plan is, why it's important, what to look for and next steps.
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Vendor Financial Health Monitoring: Warning Signs

What happens if you see a decline in a vendor's income and financial performance? To protect your organization, there are some key warning signs you should be looking out for. Find out what those are with this insightful infographic.
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Top 4 Areas of Vendor Cybersecurity to Pay Attention To

In today’s environment, many organizations are investing heavily in their cybersecurity programs but often forget to invest in ensuring their vendors are doing the same. Learn four key areas to pay attention to regarding vendor cybersecurity that will help you prepare and protect your organization.
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Business Continuity in Relationship to Third Parties

Your organization may have its own business continuity plan, but what about your vendors? They need one too. Learn important definitions, 4 components and why to care about a third parties’ business continuity preparedness in this infographic.
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Disaster Recovery - How/Why It Extends to Your Vendors

Your organization should know how a vendor plans to recover from business impacting events as it could affect operations and reputation. Learn more on what disaster recovery is, 4 elements and why to care about disaster recovery preparedness.
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Assessing Vendor Financial Risk - Not Just About Numbers

Financial risks associated with vendors are often overlooked and can be detrimental. With this infographic, learn industry standards on vendor financials, how to determine financial strength and what weak financials may indicate.
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The Importance of Vendor Financial Performance

Collecting a financial statement from a vendor isn’t enough. You need to review to determine your vendor's capacity to continue to provide safe, secure and quality products/services at the level you require. Learn how with this eBook.
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SLAs - Trying to Get Out of a Vendor Contract

SLAs are important for both your ongoing monitoring requirements and vendor contract standards. Learn what the SLA should state, opportunities provided by them, negotiating and elements a model SLA should include.

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10 Best Practices for a Vendor Data Breach

Hackers do not discriminate when looking for an asset to attack. The common theme is not so much IF an organization will be hacked but WHEN it will be hacked. Be prepared with these 10 best practices in this infographic.
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Why Vendor Due Diligence Reviews Are Not a "Check-the-Box" Activity

Vendor due diligence is one of the most important activities in vendor management because what you learn can make or break a relationship. There’s a natural inclination to cut corners in due diligence but doing so invites real peril. Learn what can happen if you just "check-the-box".
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