When using third-party suppliers, your data security and regulatory compliance are only as good as your vendor’s. If you outsource certain aspects of your operations, a vendor risk assessment and management program are important to obtain or maintain compliance, and to protect your profitability, brand reputation and limit your liability.
You’ll rest assured when you work with Essendis advisory consultants because they:
To assess a vendor’s security posture and operations, Essendis can conduct an initial vendor evaluation or, for a deeper analysis, have the supplier complete a detailed questionnaire — upwards of 1,000 questions — that provides critical insight into a supplier’s adoption of key cybersecurity concepts, including:
Physical security of the facility.
Environmental security — natural or man-made environmental threats to the facility.
Data transfer and retention.
Secure system development lifecycle.
System interconnections — how, if at all, does the system communicate with other systems.
System availability — processes for redundancy, backup, disaster recovery and more.
Administrative and user system access.
Choose from the following service offerings to effectively evaluate and mitigate your vendor risk: