Vendor Risk Management Insights

Principles for Fair and Accurate Security Ratings

Posted by RiskRecon on Jun 20, 2017 12:01:00 PM

The U.S. Chamber of Commerce just issued “Principles for Fair and Accurate Security Ratings.”  These ratings are the first-of-its-kind guidelines for an emerging class of solutions that provide objective assessments of third-party security practices. These solutions complement traditional third-party risk management data gathering processes of vendor security questionnaires, attestation document reviews, and on-site assessments.

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Topics: Continuous Monitoring, 3rd party risk management, Security Ratings, Vendor Security, 3PRM, Third Party Risk