Vendor Risk Management Application Ingrid The Vendor Risk Management application is optimized for Bitsight VRM. It is a centralized repository of your vendors’ ecosystem and their security posture. You may specify your operational region for storing, processing, and managing data with Data Residency. Use the App Switcher, located at the top of the left navigation menu, to toggle between applications. Navigation Menu Use the toggle, on the bottom left, to expand or collapse the menu at any time to get a wider view of the data. Menu Section Description Dashboards Dashboards for Vendor Risk Management. Assessments Overview A comprehensive view of your assessments, providing insights into the top 5 results for upcoming, ongoing, and completed assessments. Executive Summary A detailed, cumulative report that provides a holistic view of the vendor portfolio. Vendors Get a summary of your managed and monitored vendors. Vendor Profile Vendor details. Overview Get an overview of a selected vendor. Tiering Manage vendor tags. Internal Questionnaires Scope vendors during intake, manage assessments, and onsite assessments. Requirements Get a summary of a vendor’s requirements and their progress in completing assessments. Findings See a selected vendor’s findings. Security Profile Check the latest versions of security reviews, including questionnaires, certifications, insurance policies, external audits, and assessments. Contacts Assign collaborators to oversee your vendor risk management program and ensure the completion of vendor risk management tasks. Internal Documents Upload and manage internal documents, such as vendor contracts and non-disclosure agreements. Findings A vendor's findings. Assessment Setup Manage your vendor assessment settings. Requirements Manage requirements for your vendors. Scoring Set up the Trust Score, which is a measure of the trustworthiness of a vendor based on security attributes best associated with good security posture, and Impact Score weights. Due Date When a new vendor is invited to connect, automatically set a due date for requirements. Messaging Manage email templates for sending an invitation to connect with a vendor. Life Cycle Configure your life cycle settings. Findings Assessment setup findings. Tag Management Manage vendor tags and document tags. November 15, 2024: Assessment Overview & Executive Summary. October 30, 2024: Data Residency. May 16, 2024: Vendor Profile: Internal Documents & Assessment Setup: Tag Management. Related articles Bitsight VRM Guides Continuous Monitoring Application Vendor Connections How are Bitsight Security Ratings Calculated? TLS/SSL Finding Remediation & Remediation Verification Feedback 0 comments Please sign in to leave a comment.