Vendor Compliance Assessment Audit

Vendor Compliance Assessment

What is a Vendor Compliance Assessment?

What happens if your operations depend on the availability of your vendor’s services, but their service has an outage? If one of your vendors goes out of business, how does your organization continue to operate? If your organization shares cardholder data with a vendor and that vendor has a breach, what are the consequences for your organization? These are the types of scenarios your organization must consider when selecting vendors and effectively managing vendor risk.

A vendor compliance assessment is used to evaluate, test, and report on the effectiveness of a vendor’s information security and regulatory compliance controls. The result? A report validating the vendor’s commitment to delivering high quality, secure services to clients.