The Basics of Vendor Risk Assessments

Your internal inherent vendor risk assessment identifies the risk types and sizes present in a vendor relationship. However, how do you know if your vendor has what's necessary to manage those risks? Enter the vendor risk assessment which is an integral part of due diligence and ongoing risk monitoring.

In this session, we’ll cover the ins and outs of vendor risk assessments, including vendor questionnaires, document collection, identified issues and more. We’ll also explore the subject matter expert, the vendor owner and vendor risk management roles before, during and after the vendor risk assessment process.

Register now to learn:

• The nuts and bolts of vendor risk questionnaires
• Document collection: what to ask for and what to do if you can't get something
• Subject matter expert, vendor owner and vendor risk management roles and responsibilities
• Issue management
• Addressing resourcing constraints
• Best practices