https://www.upguard.com/blog/vendor-risk-management is critical for reducing the impact of security risks associated with third-party vendors. To help you choose a vendor risk remediation solution that maximizes your ROI, this post outlines three remediation processes that an ideal solution should be capable of automating.
Remediation tasks map to all of the primary functions of the Vendor Risk Management lifecycle, the core of which comprises vendor risk assessment processes.
Security Questionnaires - Nested within the risk assessment process, security questionnaires broaden the metrics influencing risk ratings, increasing the scope of vendor security vulnerability awareness.
Third-Party Risk Exposure - In-depth Insights into vendor risk distribution across attack vectors categories impacting Service Level Agreements (SLAs) and data protection efforts - invaluable intelligence for Third-Party Risk Management software.