Due Diligence and Ongoing Monitoring

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  • 1.  New Vendor Risk Rubric

    This message was posted by a user wishing to remain anonymous
    Posted 03-14-2025 10:10 AM
    This message was posted by a user wishing to remain anonymous

    Hi Everyone.  We are discussing implementing a risk rubric for evaluating new vendors.  This would use a weighted score on categories such as:
    Vendor Financial Risk
    Vendor Operational Risk
    Vendor Compliance & Regulatory Risk
    Vendor Data Security Risk
    Vendor Reputational Risk

    What other categories are you all using to do something like this?  Is anyone willing to share their template?

    Thanks so much!