Gartner Research

Formalized Vendor Risk Management Lessens the Probability of Business Disruption

Published: 19 August 2014

ID: G00261502

Analyst(s): Christopher Ambrose

Summary

Failure to implement a comprehensive IT vendor risk management program increases the potential for operational or business failure. IT vendor risk management is a strategic imperative for highly regulated industries, but should be adopted by all industries.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Align Your IT Vendor Risk Management Program With Your Information Security and Enterprise Risk Management Programs
  • Identify Critical Vendor Risks and Controls
  • Create an IT Vendor Risk Management Classification Framework
  • Develop Your Risk Mitigation Action Plan

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