Assessing Vendor Risk: A Deeper Dive

Performing a vendor risk assessment can be intimidating, but it's a worthwhile time investment and a necessary component of a third-party risk management program. You don't know the risk elements and level of risk associated with a vendor until you do one.  

Communication and collaboration are instrumental in implementing a consistent risk assessment process. Assessing the risk in a collaborative manner and leveraging internal resources will allow for a risk-based and documented approach, which will help guide your ongoing oversight function. 

Join us for this webinar in which we’ll walk through how to complete a vendor risk assessment review from start to finish. 

Register now to learn: 

• The main categories of inherent vendor risk
• Common types of inherent vendor risk
• How to perform an inherent vendor risk assessment
• Determining residual vendor risk and the risk handling techniques
• Ways to mitigate inherent vendor risk