Vendor Management allows organizations to track, assess, and monitor third-party vendors that interact with their business.This feature helps security teams maintain visibility into vendor risk by centralizing vendor records, security documentation, assessments, and external security events in a single location.It is designed to support both operational vendor tracking and compliance-driven vendor risk management processes.
Who can use this feature?
All Account Owners and Security Admins
Any End Users assigned as an owner to one or more vendors
Vendors are classified based on the type of data they access or process.Data types range from low-risk (public data) to high-risk (financial data, PHI, SPII).This classification helps determine:
Required security controls
Assessment depth
Ongoing monitoring requirements
Selecting accurate data types is critical for proper risk evaluation.