Vendor Risk Management
What is Vendor Risk Management?
The ongoing process of monitoring and managing the risks associated with third-party vendors throughout the lifecycle of the business relationship.
Terms that appear alongside vendor risk management
Each of these is named in at least one of the same controls as vendor risk management. The number is how many controls name both.
- audit 5 shared controls
- confidentiality 2 shared controls
- due diligence 2 shared controls
- policy 2 shared controls
- compliance 2 shared controls
Frameworks that govern vendor risk management
What the standards actually require on vendor risk management
Requirements naming vendor risk management across 5 standards, quoted from the control text.
GLI-33 Player Account Management (PAM) + KYC + AML + payments. PAM REQUIREMENTS: (a) account registration with identity verification + age verification (18+ or 21+ depending on state) + jurisdictional eligibility;
GLI33-PAM-KYC-AML-Payments · GLI-33 Player Account Management, KYC, AML, Payment Processing and Account Lifecycle →POPL 5741-1981 plus Data Security Regulations 2017 plus Section 17F + Section 23E address outsourcing + direct marketing + personnel security.
IsraelPPL-Outsourcing-DataHolder-DirectMarketing-Section17F-EmployeeTraining-Vendor-DPA-Subcontractor · Israel POPL Outsourcing + Data Holder + Section 17F Direct Marketing + Section 23E Direct Mailing Compliance + Employee Training and Vetting + Vendor DPA + Subcontractor Flow-Down →Kuwait NCF cross-cutting Supply Chain + People. Third Party and Supply Chain Security: vendor risk management programme + onboarding due diligence + cybersecurity questionnaire (SIG + CAIQ + custom) + right-to-audit + SOC 2 Type II + ISO 27001 + ISMS-P + Kuwai...
KNCF-Supply-Chain-Third-Party-Awareness-Workforce-Capability-Vendor-Risk-Cloud-OT-IoT-Training · Kuwait NCF Supply Chain + Third Party + Awareness + Workforce + Vendor Risk + Cloud + OT/IoT →Apply security controls and oversight to External Utility primitives including vendor risk management, secure integration, and dependency monitoring.
NoT.SEC.EUTIL · External Utility Security →Operate processor contracts + cross-border transfers + data processing agreements per Oregon OCPA per ORS 646A.584. Processor Contracts and Obligations must (a) bind processors via written contract per ORS 646A.584, (b) include processing instructions + durati...
OREGONCPA-7 · Processor Contracts, Cross-Border Transfers, DPAs →Questions people ask about vendor risk management
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