Solution Brief – Vendor Risk Management

Brinqa Vendor Risk Management implements a holistic approach with an emphasis on accuracy of risk identification and representation, to ensure all vendors and associated products and services are accounted for in context of their relationship with the organization and in context of their engagement impact and scope. Existing investments in Information security as well as commercial risk rating and exposure agencies are utilized to present a complete picture of the organization’s vendor risk. Flexible, context-aware vendor assessments are conducted to quantify relevant risk dimensions as well as to identify risks and assess the applicable mitigating controls. Vendor risk classifications are established and utilized to ensure all vendors are evaluated periodically based on their relevance and importance to the organization.