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CSR Vendor Risk Management

Automated vendor risk mgmt platform for assessing third-party privacy practices

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CSR Vendor Risk Management Description

CSR Vendor Risk Management is a platform designed to help organizations assess and manage privacy and security risks associated with third-party vendors. The solution provides automated processes for auditing vendor privacy practices and maintaining documentation to demonstrate compliance with legal obligations. The platform includes three main components: Third-Party Exposure Dashboard, Vendor Risk Assessments, and Vendor Verification and Validation. The Third-Party Exposure Dashboard consolidates information about vendor security practices in a single location, allowing organizations to monitor vendor compliance status at a glance. Vendor Risk Assessments evaluate potential risks and liabilities when engaging with third-party vendors. The assessments calculate risk ratings for current or potential vendors to determine if they meet organizational risk tolerance levels. The platform examines data lifecycle management practices, including how vendors store, transmit, share, and destroy data. The Vendor Verification and Validation component confirms that third-party vendors are legitimate businesses and validates that their data privacy procedures align with the organization's published privacy standards. The solution maintains ongoing documentation and proof of vendor audits, including written contracts with vendors that share data. CSR Vendor Risk Management is offered as part of the company's Cyber-Privacy Suite and is available through a channel partner reseller model.

CSR Vendor Risk Management FAQ

Common questions about CSR Vendor Risk Management including features, pricing, alternatives, and user reviews.

CSR Vendor Risk Management is Automated vendor risk mgmt platform for assessing third-party privacy practices developed by CSR Privacy Solutions. It is a GRC solution designed to help security teams with Third Party Risk Management, Vendor Risk Management, Vendor Management.

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