Software

Gain a 360-degree view of third-party risk by using our SaaS software to centralize, track, automate, assess and report on your vendors. 

Managed Services

Let us handle the manual labor of third-party risk management by collaborating with our experts to reduce the workload and mature your program. 

Overview
Document Collection
Policy/Program Template/Consulting
Virtual Vendor Management Office
Vendor Site Audit


Ongoing Monitoring

Let us handle the manual labor of third-party risk management by collaborating with our experts.

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Venminder Exchange

As Venminder completes assessments for clients on new vendors, they are then made available inside the Venminder Exchange for you to preview scores and purchase as you need.

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Use Cases

Learn more on how customers are using Venminder to transform their third-party risk management programs. 

Industries

Venminder is used by organizations of all sizes in all industries to mitigate vendor risk and streamline processes

Why Venminder

We focus on the needs of our customers by working closely and creating a collaborative partnership

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Sample Vendor Risk Assessments

Venminder experts complete 30,000 vendor risk assessments annually. Download samples to see how outsourcing to Venminder can reduce your workload.

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About

Venminder is an industry recognized leader of third-party risk management solutions. 

Our Customers

Over 800 organizations use Venminder today to proactively manage and mitigate vendor risks.

Get Engaged

We provide lots of ways for you to stay up-to-date on the latest best practices and trends.

Gartner 2020
Venminder received high scores in the Gartner Critical Capabilities for IT Vendor Risk Management Tools 2020 Report

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Resources

Trends, best practices and insights to keep you current in your knowledge of third-party risk.

Webinars

Earn CPE credit and stay current on the latest best practices and trends in third-party risk management.  

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Community

Join a free community dedicated to third-party risk professionals where you can network with your peers. 

Weekly Newsletter

Receive the popular Third Party Thursday newsletter into your inbox every Thursday with the latest and greatest updates.

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Venminder Samples

Download samples of Venminder's vendor risk assessments and see how we can help reduce the workload. 

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Business Continuity and Disaster Recovery
Assessment

Identify potential gaps at your vendor before they disrupt your business or impact your customers.

 

No doubt your organization has put a lot of time, thought and resources into your own business continuity (BC) and disaster recovery (DR) plans and testing, but you need to have replicated that effort when it comes to assessing the same for your third-party providers. Availability is critical for many vendor relationships to be successful.

Venminder’s team of security professionals can assess your vendor’s BC and DR documentation including plans, testing and recovery point and time objectives, resulting in a risk-rated vendor assessment.

Key Benefits

Uncover how quickly your vendors can recover

See risk ratings on your vendor’s BC and DR plans so you can spot gaps and ensure that your vendor’s key operations, products and services can continue to be delivered either in full or at a predetermined, and accepted, level of availability.

 

Improve your efficiency and reduce the workload

We assess the paperwork that tends to be very overwhelming and cumbersome, drilling it down to the bare basics that you need to know. No longer comb through hundreds of pages of information.

 

Save on costs and gain access to expertise

Hiring a certified staff to perform business continuity plan and disaster recover reviews can be very costly. With Venminder completing the risk assessment, our team of CISSPs and security professionals become an extension of your staff.


What It Includes

Determination if formal BC and DR plans are in place, whether they are updated and maintained, if there is a client notification and more

What type of testing was performed within the last 18 months and whether findings from the last test were addressed

The vendor’s Recovery Time Objective (RTO) and their Recovery Point Objective (RPO)

What backup procedures are in place – for example, if they have on-site backups or off-site backups, is the data replicated at an alternate location, is the data encrypted and more

Individual and overall risk ratings


Why It's Important

A SOC report is an independent audit report performed by a public accounting firm. The report will attest to the existence and effectiveness of controls specified by the company that’s being audited, such as your vendor. Basically, the report should tell you if your vendor has the right controls in place to safeguard your data and if those controls are actually working based on the type of audit.

It’s important to thoroughly review the vendor’s SOC reports as you obtain them. You can think of SOC reports as giving you the power to silently be in your third party’s room as the inner workings of the company are described.

 


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Vendor SOC Assessment Sample

Our highly trained and qualified staff of CISSPs and information security experts will assess your vendor’s SOC reports and provide you with a qualified assessment of their controls, the effectiveness of those controls as well as any identified gaps. We also provide you with next steps. Download a sample to see what this assessment looks like.

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Order Assessments Online

Completed Vendor Financial Health Assessments can be previewed and ordered directly from the Venminder Exchange

 

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Educational Resources

eBooks

Are You Reviewing Your Vendor's BCP and Disaster Recovery?

It's critical to verify if your vendor is implementing strong business continuity and disaster recovery planning. This eBook will break it down for you.

Infographics

How to Review a Vendor's Pandemic Plan

This infographic will breakdown what you need to be looking for in your vendor's pandemic plan to keep your employees and customers safe.

Infographics

Business Continuity In Relationship to Your Third Parties

Do you know if they have appropriate measures in place and a plan of how to handle business impacting events with you?

Infographics

Disaster Recovery-How/Why Extends to Third Parties

4 key elements in every disaster recovery plan and why you should care about your third parties' disaster recovery preparedness.

Ready to Get Started?

Schedule a personalized solution demonstration to see how Venminder can improve your processes.

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