Vendor Risk Management as a Service Overview

This document is a guide detailing the Vendor Risk Management as a Service (VRMaaS) offered by Kudelski Security. It outlines the importance of managing vendor risks in real time to ensure business security and compliance. The guide explains how VRMaaS provides organizations with improved visibility into their vendor risk landscape, enabling them to identify and mitigate potential risks effectively. It describes the automation of the vendor risk management process, which reduces manual tasks and administrative overhead. The document also presents a framework for evaluating vendors based on criteria such as financial stability and regulatory compliance. Additionally, it emphasizes the continuous monitoring capabilities of VRMaaS, allowing organizations to stay updated on emerging risks. The guide concludes by highlighting the structured approach Kudelski Security takes in developing and implementing a tailored vendor risk program that aligns with organizational objectives and risk tolerance.