Vendor Risk Assessment Checklist
Assess vendor security, compliance, and operational risks before engagement.
Purpose
This checklist helps you assess risks before engaging a new IT vendor.
Assessment Areas
- Data access: What data will the vendor access?
- Security: Do they have ISO 27001 or equivalent?
- Compliance: Are they DPDP Act compliant?
- Financial stability: Are they financially stable?
- Business continuity: Do they have a BCP/DR plan?
- References: Can they provide client references?
Decision
If any critical area scores below 3, consider alternatives or require remediation before engagement.
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