Frequently Asked Questions

How to perform a vendor risk assessment?

Table of Contents

Define the vendor’s risk tier based on the data and access they will have, then gather evidence such as SOC 2 reports, ISO 27001 certificates and security questionnaires. Review that evidence against your control requirements, document any gaps, and assign a risk rating with any remediation needed. AI-driven platforms now handle much of the evidence review automatically, turning a multi-week process into minutes.