How to monitor your vendors

Vendor Risks
Your business vendors may have access to sensitive information.

Make sure those vendors are securing their own computers and networks. For example, what if your accountant, who has all your financial data, loses his laptop? Or a vendor whose network is connected to yours gets hacked? The result: your business data and your customers’ personal information may end up in the wrong hands — putting your business and your customers at risk.

HOW TO MONITOR YOUR VENDORS

1.Put it in writing

Include provisions for security in your vendor contracts, like a plan to evaluate and update security controls, since threats change. Make the security provisions that are critical to your company non-negotiable.

2.Verify compliance

Establish processes so you can confirm that vendors follow your rules. Don’t just take their word for it.

3.Make changes as needed

Cybersecurity threats change rapidly. Make sure your vendors keep their security up to date.

It’s important for your business to maintain a level of security that protects against cyber-attacks. Our IT experts can help you, contact us.

Written by FTC