Compliance
How do you manage third-party vendor risk?
How to answer this security questionnaire question, with an expert response your security or GRC team can adapt.
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Security questionnaire questions
Updated July 6, 2026
Expert answer
Run a vendor-risk program that assesses vendors before onboarding, reviews their security posture and certifications, and reassesses them periodically based on risk. Maintain a vendor inventory and require appropriate contractual terms.
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Do you have a formal Information Security Policy?Do you have a documented incident response plan?What security awareness training do employees receive?Do you have a business continuity plan?Do you have cyber insurance coverage?Do you have a responsible disclosure policy?
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