Most organizations assess vendors at onboarding.
Very few monitor them continuously.
Here’s the gap:
Onboarding checks provide a static snapshot.
Vendor risk is dynamic and constantly evolving.
If your third-party risk management program stops at onboarding, your organization remains exposed.
Ask yourself:
• Are vendor risks reviewed quarterly?
• Do you track changes in critical vendors?
• Is risk scoring automated and continuously updated?
Vendor risk isn’t a one-time task.
It’s a lifecycle that requires ongoing visibility and control.