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Vendor / Third-Party Risk Assessments

Are you compliant with the Vendor/Third-Party Risk Management requirements for CCPA, CPRA, GDPR, VCDPA, and other privacy regulations? Do your Third-Party Risk assessments cover both privacy and security risks? Have you accounted for fourth-party risk? Yes, fourth-party risk! You can be exposed to privacy and cybersecurity risk not only from your vendors, but also from the vendors of your vendors.

DPSA can help.

Our comprehensive Vendor Risk Assessment collects and tracks critical data for ongoing vendor and third-party risk management, and digs into the question of fourth-party risk exposure.

DPSA’s Vendor Risk Assessments are purpose-built for each vendor risk profile and stored centrally to allow for comparison and regular reassessment. Our Vendor Risk Advisory team will evaluate the vendor-completed risk assessments for key privacy and security risk factors and compliance metrics, and provide your company with:

• Conformity Matrix of all assessment responses, with details on current requirements and compliance levels, estimated risk, and operational effort to close the gap.

• Findings Report which dives deeper into in-scope privacy laws (e.g., CCPA, CPRA, GDPR, VCDPA, etc.) and corresponding vendor/third-party requirements, recommended best practices, and actionable guidance for strengthening your vendor risk-management program.

The DPSA team’s expertise is augmented by industry-leading technology, ensuring the vendor risk assessment program will scale with your company and keep pace with the changing regulatory landscape.