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Vendor risk is an unavoidable element of vendor management. However, steps can be taken to mitigate or avoid these risks after thoroughly assessing the organization's vendor portfolio.

Use this tool to:

  • Rate the impact, probability, and detectability of risk events for each vendor.
  • Generate risk exposure scores for each vendor to guide your management approach and tiering decisions.

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Proactively Identify and Mitigate Vendor Risk

Promote a collaborative approach to vendor risk management and guard against regulatory, security, operational, and financial risk.

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