Category: Vendor Management

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The Proper Way of Assessing BCP/DR Readiness When Your Company is Performing an IT Security Risk Assessment on a New 3rd Party Vendor

The coronavirus is teaching us an important lesson on the value of business continuity planning and disaster recovery. Say your company is assessing this area…

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Adding an IT Security Assessment Gate that Busy Relationship Owners Will Actually Follow

Dear Chief Compliance Officer, Who in your organization is managing the IT Security Assessment process? Do you worry if relationship owners are following the process?…

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Adding An IT Security Assessment Gate That Respects the Limited Time of the Chief Compliance Officer

Dear Chief Compliance Officer, Who in your organization is managing the IT Security Assessment process? What role do you play? Are you a decision-maker? Consulted?…

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Adding an IT Security Assessment Gate That Doesn’t Create 100 New Questions

Think about the last time your company was asked to complete a security questionnaire. It probably involved answering 50-100 questions in 14 days (30 days…

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