Episode 48 — Build Vendor Risk Management: Intake, Due Diligence, and Ongoing Monitoring
This episode teaches vendor risk management as a lifecycle that begins before purchase and continues through renewal and offboarding, matching exam expectations that leaders can classify, assess, and monitor third-party risk appropriately. You will learn how intake should categorize vendors by data exposure, criticality, and access, then tailor due diligence depth to that tier so effort is proportional and defensible. We cover evidence-based assessment, including security control validation, change notifications, incident reporting expectations, and how to monitor vendors over time as services evolve, sub-processors change, or business usage grows. A scenario addresses an urgent procurement request and shows how to respond without rubber-stamping risk, using streamlined tiers and conditional approvals to preserve velocity. Troubleshooting considerations include treating all vendors the same, allowing findings and exceptions to remain unresolved, and failing to plan exits, all framed as control gaps that can be corrected with governance, metrics, and clear ownership. Produced by BareMetalCyber.com, where you’ll find more cyber audio courses, books, and information to strengthen your educational path. Also, if you want to stay up to date with the latest news, visit DailyCyber.News for a newsletter you can use, and a daily podcast you can commute with.
