Managing vendor risk is a foundational element of a mature risk program and is becoming an increasingly common requirement of various security regulations. Vendor risk is your risk; a breach of a vendor database or system can now become your breach or worse, provide a back door into your own systems. Isora’s vendor module makes it easy to manage and evaluate vendors.
Your organization works with hundreds if not thousands of vendors. Collecting and integrating vendor risk information is a challenging but important part of your risk assessment program.
- Create and launch new assessments to vendors or request updates to prior assessments.
- Track assessment completion with the assessment progress dashboard.
Vendors are an increasingly important part of your overall risk ecosystem. Move past check-the-box spreadsheets during procurement and better understand specific areas of risk for any given vendor or across your vendors.
- Leverage a single platform for all your vendor assessments.
- Understand vendor risk with quantitative risk scoring.
- Benchmark vendor risk with dynamic reporting across industry verticals.
- Monitor vendors for improvement over time.