RISK DOMAIN
Privacy
Screening the external privacy posture of your suppliers can help you to determine their level of compliance with data privacy standards. Through Venmonitor™, you gain access to risk intelligence on a supplier's privacy level that you can then leverage as an indicator to drive due diligence activities.
Screen potential suppliers to assess the adequacy of their privacy standards.
Venmonitor™ is a powerful tool that can streamline your supplier selection processes by providing you with the scores of their data privacy compliance status. You can easily assess the risk level with each supplier without requiring any input or cooperation from them. This way, you can save time and resources while ensuring that you are taking steps to verify their compliance level with data privacy standards.
Identify suppliers that may have gaps in their privacy practices.
Prioritizing data protection and privacy should be integral components of your supplier relationship management strategy. With Venmonitor™, you can easily identify and leverage a heatmap to compare your supplier's Privacy Posture Strength to determine how aligned they are against minimum industry data privacy standards.
Continuously monitor existing supplier's privacy posture strength for signals of increasing risks.
Privacy legislation is a hot topic, and new laws and regulations are rapidly being implemented all over the world. Good data governance requires actively managing and monitoring the data privacy posture at your supplier to ensure that they remain compliant. By leveraging Venmonitor™, you can continuously monitor your existing suppliers' privacy postures, view a heatmap dashboard to compare suppliers' risk ratings, and more.
Venmonitor™ harnesses the industry's best risk intelligence data across more than six different domains so you're able to leverage risk profiles to quickly screen your suppliers.
- Data is sourced from the industry's most reputable cybersecurity rating providers
- The most important key data points across many domains are in one single view
- Access intelligence that typically requires individual licensing subscriptions
- Have the ability to purchase full subscriptions to other providers directly through Venminder when deeper dives are warranted