92. Vendor Assessment

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9 Terms

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Vendor Assessment

Process that organizations implement to evaluate the security, reliability, and performance of externa lentities

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Entities of Vendor Assessment Focus

Vendors

Suppliers

Managed Service Providers

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Vendors

Businesses or individuals that provide goods or services to an organization

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Suppliers

Individuals involved in the production and delivery of products or parts of products

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Managed Service Providers

Individuals hired by companies to manage IT services on behalf of an organization

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Penetration Testing

Simulated cyberattack against the supplier’s system to cehck for exploitable vulnerabilities

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Internal Audit

Vendor’s self-assessment where they evaluate their own practices against industry standards or organizational requirements

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Independent Assessment

Evaluation conducted by third-party entities that have no stake in the organization’s or vendor’s operations

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Supply Chain Analysis

Used to dive deep into a vendor’s entire supply chain and assess the security and reliability of each link