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.
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