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How do I run vendor risk management without a full-time risk team?

Sober and rhythm-driven works. Three tiers (critical, important, small), per tier a questionnaire weight, and an annual review of the top 10 by spend. That covers 80 percent of risk for 5 percent of the effort of a heavy framework.

Try this first

  1. 1Classify vendors into three tiers: critical (access to customer data or payment flows), important (operational but not critical), small (small licenses without sensitive data).
  2. 2For critical: request DPA, SOC 2 or ISO 27001, sub-processor list, security whitepaper, annual review.
  3. 3For important: lighter check, focus on DPA and exit clause, review every two years.
  4. 4For small: just DPA and invoice, log in your GDPR record, check yearly against the list.

When to bring us in

If you need a lightweight vendor-risk template that fits an SMB, we can build it with you.

See also

None of the above fits?

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