$3.36 million
average cost of data breach in hospitality
The hospitality industry is dependent on third-party vendors to maintain an easy and smooth process for guests. Any disruptions with a third-party vendor can take booking systems offline, shutdown digital key access, steal customer information, and delay services, ultimately disrupting the guest experience. Reputation is everything in the hospitality industry, which is why it’s important to manage every risk, including the ones posed by third-party vendors.
average cost of data breach in hospitality
of hotel operators experienced moderate to severe supply chain disruptions
of hospitality organizations have reported data breaches
Venminder helps risk rate third-party vendors, so you can focus your efforts on the highest, most critical risks. Real-time risk alerts keep hospitality organizations aware of changing vendor risks. Customizable risk assessments measure vendors’ data security, regulatory compliance, reputation, and service quality.
The onboarding process is simplified with Venminder’s centralized platform, automated tasks and emails, and qualified subject matter experts.
As third-party data breaches continue to increase, it's more important than ever to ensure suppliers have a strong security posture. Venminder's cybersecurity assessments and qualified experts can help evaluate suppliers and make recommendations.
Avoid the headache of managing multiple spreadsheets and tracking vendors in many different place. Venminder's platform provides one place to store documentation and tracking, making it easy to track important dates and collaborate across departments.
Learn MoreAssess your vendors' risks and evaluate controls with Venminder's control assessments. Recieve a report with risk ratings, indicators, and recommendations to determine critical vendors.
Other organizations across industries use Venminder to manage vendors and enhance risk management programs. Hear first hand how Venminder has benefitted organizations with these case studies.
Completed assessments can be searched, previewed and ordered directly from Vendiligence™
Schedule a personalized solution demonstration to see how Venminder can improve your processes.