Vendor & Service Provider Due Diligence
Strengthen Oversight. Reduce Risk. Protect Your Organization.
Vendors and service providers are not just external partners; they are extensions of your organization’s operations. A weakness or failure with these third parties can result in serious consequences, including data breaches, operational disruptions, and long-term reputational damage. That’s why establishing strong vendor oversight procedures is essential—these controls help ensure vendors continue to support the confidentiality, integrity, and availability of your systems and data.
For many, managing vendor due diligence is complex and time-consuming. CRI’s experienced team streamlines vendor due diligence by collecting, evaluating, and summarizing key documentation, reducing your administrative burden. We act as your liaison to request and gather critical documentation, create clear reports for IT and security teams, and provide executive summaries for board members and senior leadership.
Every vendor relationship presents unique risks, and our due diligence process is designed to evaluate each one accordingly. CRI requests and analyzes a wide range of documentation to assess the strength of your vendors’ control environments, covering financial stability, cybersecurity protocols, regulatory compliance, data protection (including foreign storage), business continuity, and incident response readiness. We assist regulated entities in identifying and obtaining additional documentation, such as examiner reports or industry-specific compliance records. Our methodology is reviewed annually and updated to reflect emerging threats and lessons gleaned from previous major breaches.
Upon completion, we deliver a full suite of materials: all documentation from your vendors, detailed vendor specific risk summaries, and a high-level executive overview for leadership. You’ll also receive actionable recommendations and year-round access to our specialist team, providing the insight and support needed to manage third-party risk with clarity, efficiency, and confidence.
