What type of assessment is essential before engaging with a third-party vendor for services?
- Penetration Testing
- Security Audit
- Vendor Risk Assessment
- Vulnerability Assessment
Before engaging with a third-party vendor, a Vendor Risk Assessment is essential. This process evaluates the potential risks associated with the vendor's services and helps in making informed decisions. Unlike penetration testing or vulnerability assessments, which focus on technical aspects, a Vendor Risk Assessment considers a broader scope, including business, legal, and compliance risks.__________________________________________________
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