Vendors are entrusted with employee and client data.  Are they doing everything possible to protect that data? The majority of data breaches happen through either employees or vendors. 

 

A vendor assessment validates whether the vendors policies, processes, and procedures are sufficient and are being followed.  Issues are identified for remediation or acceptance and tracked to completion. 

 

Vendor assessments can be time consuming but are well worth the effort.  Risks are being reduced knowing that the vendor is following comprehensive security processes.  Tracking issues to completion helps reduce the risk even more.  The alternative is giving your data to a vendor and having an unknown number of security risks.  

 

Knowing what to ask for, what to review, and identifying issues is not a common expertise.  With years of experience at assessments, the value added with a vendor assessment is enormous.  You will know that the overall risk for your organization is being managed, not ignored.