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How do I judge whether a vendor is safe enough?

A vendor risk assessment does not have to be a 50-page doc. For SMBs a short per-vendor checklist suffices.

Try this first

  1. 1Ask if they have SOC 2 or ISO 27001; for sensitive data that is a minimum.
  2. 2Request the DPA (data processing agreement) and read for sensitive clauses on sub-processors and data transfer.
  3. 3Check haveibeenpwned.com to see if the vendor appears in a known breach; recent breaches are a red flag.
  4. 4Think what you lose if this vendor goes offline tomorrow; how critical is it to daily operations?
  5. 5Record the outcome in your SaaS register; audits ask exactly this.

When to bring us in

For the most critical vendors or sensitive industries (healthcare, finance): ask for advice, a proper assessment by a specialist is justified.

See also

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