Vendor Risk Management
Vendor risk assessment, then, is the method of evaluation that helps you to screen third party suppliers in the act of selecting them as future business partners. The Vendor Risk Management Process works with the ultimate aim of identifying whether the vendor complies with all the security requirements that have been stipulated as essential by the parent organization.

Vendor risk assessment, then, is the method of evaluation that helps you to screen third party suppliers in the act of selecting them as future business partners. The Vendor Risk Management Process works with the ultimate aim of identifying whether the vendor complies with all the security requirements that have been stipulated as essential by the parent organization.