Proactively Identify and Mitigate Vendor Risk – Phase 1: Review Vendor Risk Fundamentals and Establish Governance

Author(s): Scott Bickley , Aadil Nanji , Melody Peng

This phase will review vendor risk fundamentals and establish a risk governance framework through the following activities:

  • Review IT Vendor Risk Fundamentals
  • Establish a Risk Governance Framework

Use this phase as part of the full blueprint, Proactively Identify and Mitigate Vendor Risk.

View the Complete Blueprint:

Thought model representing Proactively Identify and Mitigate Vendor Risk

Proactively Identify and Mitigate Vendor Risk

Promote a collaborative approach to vendor risk management and guard against regulatory, security, operational, and financial risk.
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