Third-Party Risk Intelligence: Watch Your Vendors Continuously
Many teams associate vendor monitoring with asking vendors to install something on their systems or provide access to their systems. This page will tell you that’s not the case. Monitoring means evaluating and assessing vendors from an external perspective, and vendors will only have to respond to the assessments you send. When we say third-party risk intelligence here, we mean integrating multiple vendor risk signals to provide one unified and interrelated view. The dashboard features and illustrates multiple signals of the vendor risk program, including monitored vendors, risk incidents, vendor impact, and trending assessment findings. We have provided a standalone example of what a single view of third-party vendor risk can look like and how we prioritize the most critical vendors for remediation.