Vendor Risks

Vendor Risk Assessment SM

FOR EFFECTIVE and DEFENSIBLE THIRD-PARTY DILIGENCE

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Effective and Defensible

The Vendor Risk Assessment helps companies establish a more effective and defensible process for screening vendor practices and safeguards to ensure better protection of your sensitive data.

The technology, frameworks and models used provide just what you need:

  • A fully-automated process to consistently reach every vendor
  • World-class question sets based on recognized and reasonable frameworks
  • Effective insights and reporting to identify risks and avoid unnecessary incidents
  • Documented processes to support your practices when an incident occurs
  • Support from the Jordan Lawrence professional services team

Speed and Accuracy

The underlying web-based service technology keeps things simple. It enables unlimited reach to all your vendors at any frequency. In a fraction of the time of any viable alternative, your company will start enjoying peace of mind in this critical area of compliance:

  • Easy setup and management of the system and process
  • Preset surveys based on recognized international frameworks
  • Preset heat mapping to help streamline your vendor review process
  • Vendors can distribute question sets to internal experts for more accurate and rapid responses
  • Flexibility to modify surveys to meet your specific needs
  • Fully-automated distribution, reminders and reporting 

World-Class Best Practices

We’ve adapted and enhanced the world’s leading cybersecurity frameworks and models to create what are believed to be the most effective and defensible question sets available. Our assessment standards cover all your needs (but can be easily modified):

The Comprehensive Risk Standard builds directly off the NIST Cyber Security Framework and SP 800-171 standards as well as the intentions of the EU General Data Protection Regulation and other domestic and international requirements.

The Vendor Profile Standard is designed for all perceived “low-risk” vendors to provide program defensibility and identify potential high-risk vendors.

FULL AUTOMATION

Leverage powerful technology to expand the reach and effectiveness of your vendor diligence efforts.

ELIMINATE CONSTRAINTS

Replace manual, error-prone approaches with a repeatable, streamlined process.

EXPAND YOUR REACH

Your largest vendors are not your greatest risk. Use the Vendor Risk Profile standard to assess your presumed “low risk” vendors.

WORLD-CLASS SURVEYS

All our survey standards are based on the best, most accepted standards and designed for fast, accurate responses from your vendors.

MEET OBLIGATIONS

Expand your diligence to cover the directives and the intentions of recent domestic and international data privacy and cybersecurity regulations.

INCREASE DEFENSIBILITY

Identify and mitigate risks through the establishment of a consistent and well-documented vendor diligence program.

FOR MORE INFORMATION, CONTACT US OR VIEW OUR FACT SHEET.