Source: www.upguard.com
How to Comply with HECVAT in 2022 | UpGuard
The Higher Education Community Vendor Assessment Toolkit (HECVAT) helps higher education mitigate the impact of security risks of vendor relationships offering cloud-based services. With supply chain attacks on the rise, and vendor risks ranking in the top threehttps://www.upguard.com/blog/cost-of-data-breach for data breaches, HECVAT compliance is becoming a mandatory requirement for partnering with higher education institutions.
https://www.upguard.com/blog/inherent-risk-vs-residual-riskThere are two parties involved in the HECVAT assessment process: Higher Ed institutions - HECVAT compliance confirms a vendor is following best data protection practices.
The Vendor Risk Management lifecycle is comprised of 5 stages: Risk assessments - includes security questionnaires such as HECVAT.
UpGuard also includes a Shared Profile feature which allows educational institutions and third-party providers to publish completed risk assessments, including HECVAT assessments, in a public profile demonstrating best security practices.
https://www.upguard.com/blog/inherent-risk-vs-residual-riskThere are two parties involved in the HECVAT assessment process: Higher Ed institutions - HECVAT compliance confirms a vendor is following best data protection practices.
The Vendor Risk Management lifecycle is comprised of 5 stages: Risk assessments - includes security questionnaires such as HECVAT.
UpGuard also includes a Shared Profile feature which allows educational institutions and third-party providers to publish completed risk assessments, including HECVAT assessments, in a public profile demonstrating best security practices.
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