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Vendor Assessment
Process that organizations implement to evaluate the security, reliability, and performance of externa lentities
Entities of Vendor Assessment Focus
Vendors
Suppliers
Managed Service Providers
Vendors
Businesses or individuals that provide goods or services to an organization
Suppliers
Individuals involved in the production and delivery of products or parts of products
Managed Service Providers
Individuals hired by companies to manage IT services on behalf of an organization
Penetration Testing
Simulated cyberattack against the supplier’s system to cehck for exploitable vulnerabilities
Internal Audit
Vendor’s self-assessment where they evaluate their own practices against industry standards or organizational requirements
Independent Assessment
Evaluation conducted by third-party entities that have no stake in the organization’s or vendor’s operations
Supply Chain Analysis
Used to dive deep into a vendor’s entire supply chain and assess the security and reliability of each link