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. 

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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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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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Resources

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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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State of Third-Party Risk Management 2023!

Venminder's seventh annual whitepaper provides insight from a variety of surveyed individuals into how organizations manage third-party risk today.

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VENDILIGENCE™

Point-in-Time Cybersecurity  Assessment

Our Point-in-Time Cybersecurity Assessment (CSA) evaluates the most critical elements of your vendor's or supplier's cybersecurity readiness, helping you make informed risk-based decisions. We review their cybersecurity policies and responses, providing both overall and individual risk ratings on areas like security testing, information security governance, and sensitive data security.

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CSA Download Page

PRODUCT TOUR

See it in Action: Take a tour of the Point-in-Time Cybersecurity Assessment

Outsourcing this crucial review to Venminder means obtaining a clear picture of your vendor's or supplier's cybersecurity readiness level, helping you to identify areas of strength and weakness, ensuring secure and robust relationships.


Most Commonly Used For:
Technology Suppliers, Data-Handling Vendors, and SaaS Providers

Take the CSA Tour

Pinpoints areas where vendors or suppliers
may be exposing your organization to cyber threats

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Cybersecurity Sensitive Data Security

Security Testing

We review your vendor or supplier’s Security Testing protocols, including insights into internal and third-party penetration testing, looking closely at the date, scope, and frequency. We evaluate their vulnerability scans and social engineering tests. We aim to provide you with insights into important data and key areas of security testing to help ensure your vendor or supplier is safeguarding against cyber threats.

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Information Security Governance

Our assessment looks at whether your vendors or supplier’s have documented and current formal programs, policies, and practices. We look at if there are plans for Information Security, Incident Management, and Change Management. We also review represented practices like employee and contractor security training. Our review ensures you are aware of their preparedness to handle cybersecurity incidents and maintain your data's integrity.

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Sensitive Data Security

We undertake a detailed evaluation of your vendor or supplier's Sensitive Data Security measures. This covers encryption methods both in transit and at rest, secure device baselining, and logical access management. Additionally, our assessment delves into their incident detection and response capabilities. Our focus is to provide you with the most important details on how they protect sensitive data so you can make better risk-based decisions.

Gain a valuable lens into the overall robustness and resilience of your vendor's or supplier’s technological infrastructure and processes

Improve vendor and supplier oversight by identifying gaps or weaknesses

Understanding your vendor's or supplier’s cybersecurity posture is critical. Without it, those third parties could become your organization's most vulnerable point for cyber breaches. A single lapse in their defense mechanisms can expose sensitive data, disrupt operations, and erode trust with both partners and customers.

With Venminder's Point-in-Time Cybersecurity Assessment, every document and response from your vendor or supplier undergoes meticulous analysis by our experienced and certified professionals, providing depth, precision, and a level of expertise that grants you solid confidence in the results.

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Ensure your vendors and suppliers are aligned with  cybersecurity standards

Cybersecurity is a focal point for regulators. Failing to demonstrate proactive measures could result in hefty fines, loss of customer trust, and severe reputational damage. Regulatory bodies are intensifying their focus on third-party vendor and supplier relationships, ensuring that organizations not only protect their internal systems but also extend security protocols across their entire supply chain.

Venminder reviews multiple aspects of your vendor's or supplier’s cybersecurity stance. We check whether security testing is performed and how they are safeguarding sensitive data. We also evaluate employee training protocols and assess their incident response readiness. This review is meticulously mapped to key industry frameworks, regulations, and laws, ensuring your vendor or supplier meets cybersecurity regulatory expectations.

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Create a risk-based framework for assessing vendor and supplier cybersecurity readiness

Keeping up with reviewing your vendors’ or suppliers’ most current cybersecurity measures can be time-consuming and challenging, especially for organizations with a large volume of third-party vendors and suppliers. Without a structured process or system to capture and log due diligence documents and data, it can easily lead to potential oversights. 

Our assessment offers a standardized and reliable way to compare and evaluate your vendor's or supplier's cybersecurity readiness. You gain an understanding into the adequacy of their cybersecurity measures, with easy to understand risk-based ratings that you can use to identify action items and priorities for follow-up due diligence. 

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How it works

STEP 1

Alleviate the burden of chasing for evidence and documents​

Venminder’s team directly works with your vendor or supplier to collect the numerous technical documents needed for a qualified and comprehensive assessment of cybersecurity readiness. ​

STEP 2

Cybersecurity measures assessed by professionals​

Venminder’s experienced information security professionals thoroughly review the evidence to assess whether your vendor or supplier has implemented the most critical elements for cybersecurity readiness. ​

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STEP 3

Streamlined Cybersecurity Evaluations

You receive an easy-to-understand risk assessment on your vendor or supplier's data protection controls that is available on the Venminder platform and as a downloadable PDF, our reports are easy to understand and are perfect for internal sharing, review, and decision-making. ​

STEP 4

Improve risk-based decisions​ with the right insights

You and your organization’s decision-makers can now make an informed choice about any risks presented by the vendor or supplier and whether you need to take action in addressing areas of cybersecurity weakness.​

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Discover why Venminder
is top-rated by customers

Know if vendors and suppliers are in compliance with
industry guidelines, frameworks, standards and laws

  • FFIEC
  • cis
  • gdpr
  • new york department financial services
  • hippa
  • fdic
Technology Standards and Frameworks

AICPA Trust Services Criteria​

ISO/IEC 27001:2022​

NIST Framework for Improving Critical Infrastructure Cybersecurity version 1.1​

NIST SP 800-53 Rev. 5 Security and Privacy Controls for Information Systems and Organizations​

NIST SP 800-63b Digital Identity Guidelines​



 

Regulations, Statutes, and Laws

California Consumer Privacy Act​

California Privacy Rights Act​

Canadian Personal Information Protection and Electronic Documents Act​

China Personal Information Protection Law​

Colorado Privacy Act​

Connecticut Data Privacy Act​

EU General Data Protection Regulation​

Health Insurance Portability and Accountability Act​

Interagency Guidelines Establishing Information Security Standards​

Interagency Guidance on Third-Party Relationships​

New York Department of Financial Services - 23 NYCRR 500​

Industry Guidance

Center for Internet Security – Critical Security Controls v8​

FFIEC IT Examination Handbook – Audit Booklet

FFIEC IT Examination Handbook – Business Continuity Booklet​

FFIEC IT Examination Handbook – Management Booklet​

FFIEC IT Examination Handbook – Operations Booklet​

FFIEC IT Examination Handbook – Outsourcing Technology Services​

FFIEC IT Examination Handbook - Wholesale Payment Systems Booklet​

FINRA Report on Cybersecurity Practices​

OCC 2021-36 Authentication and Access to Financial Institution Services and Systems​

SEC Regulation SCI reference to NIST 800-53 Rev. 4​

Learn about the regulations, standards, guidelines, and laws, that our Point-in-Time Cybersecurity Assessment maps to here >

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Free Sample

Point-in-Time Cybersecurity Assessment

Get a downloadable sample of this cybersecurity readiness risk-based assessment to see exactly how Venminder can help you identify areas at your vendor or supplier requiring attention.

Ready to make Venminder your home for managing vendors and their risk?

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