Build a Vendor Security Assessment Service

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Vendor security risk management is a growing concern for many organizations. Whether suppliers or business partners, we often trust them with our most sensitive data and processes.
More and more regulations require vendor security risk management, and regulator expectations in this area are growing.
However, traditional approaches to vendor security assessments are seen by business partners and vendors as too onerous and are unsustainable for information security departments.

Our Advice

Critical Insight

An efficient and effective assessment process can only be achieved when all stakeholders are participating.
Security assessments are time-consuming for both you and your vendors. Maximize the returns on your effort with a risk-based approach.
Effective vendor security risk management is an end-to-end process that includes assessment, risk mitigation, and periodic re-assessments.

Impact and Result

Develop an end-to-end security risk management process that includes assessments, risk treatment through contracts and monitoring, and periodic re-assessments.
Base your vendor assessments on the actual risks to your organization to ensure that your vendors are committed to the process and you have the internal resources to fully evaluate assessment results.
Understand your stakeholder needs and goals to foster support for vendor security risk management efforts.

Build a Vendor Security Assessment Service Research & Tools

Start here – read the Executive Brief

Read our concise Executive Brief to find out why you should build a vendor security assessment service, review Info-Tech’s methodology, and understand the three ways we can support you in completing this project.

Build a Vendor Security Assessment Service – Executive Brief

1. Define governance and process

Determine your business requirements and build your process to meet them.

2. Develop assessment methodology

Develop the specific procedures and tools required to assess vendor risk.

3. Deploy and monitor process

Implement the process and develop metrics to measure effectiveness.

About Info-Tech

Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.

We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

What Is a Blueprint?

A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.

Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.

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