A vendor risk report provides stakeholders with a snapshot of your Vendor Risk Management (VRM) performance. With concerns over the threat of supply chain attacks growing, cybersecurity reporting is evolving towards an increased focus on Vendor Risk Management program performance.
This post provides a framework of best practices for designing the most effective vendor risk summary cybersecurity report.
Demonstrating evidence of automation implementation shows stakeholders that your Vendor Risk Management program is innovating in line with industry trends.
To streamline preparation for board meetings, UpGuard also provides a customizable PowerPoint template, pulling relevant cybersecurity and Vendor Risk Management performance data commonly expected in board meetings.