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Vendor Risk Assessment Questionnaire
"I need a Vendor Risk Assessment Questionnaire compliant with Austrian law for evaluating cloud service providers who will handle sensitive financial data, with particular emphasis on data protection and business continuity requirements."
1. Introduction and Instructions: Overview of the questionnaire's purpose, instructions for completion, and confidentiality statements
2. Vendor Information: Basic company details, contacts, and business information
3. Business Profile and Operations: Company history, size, locations, key services/products, and organizational structure
4. Financial Assessment: Financial stability indicators, revenue information, and insurance coverage
5. Data Protection and Privacy: GDPR compliance, data handling practices, and privacy controls
6. Information Security: Security policies, controls, incident response, and certifications
7. Business Continuity and Disaster Recovery: Business continuity plans, backup procedures, and recovery capabilities
8. Third-Party Risk Management: Subcontractor management and supply chain risk controls
9. Compliance and Regulatory: Regulatory compliance, licenses, and certifications
10. Quality Management: Quality control processes and standards compliance
11. Declaration and Sign-off: Confirmation of accuracy and completeness of responses
1. Cloud Services Security: Specific security questions for cloud service providers, including data center security and multi-tenancy controls
2. Healthcare Data Handling: Additional requirements for vendors handling medical or healthcare data
3. Financial Services Compliance: Specific requirements for vendors serving financial institutions
4. Environmental Impact: Assessment of environmental practices and sustainability measures
5. Physical Security: Facility security measures for vendors with physical access or storage requirements
6. Software Development: Development practices and security for software vendors
7. AI and Algorithm Assessment: Evaluation of AI ethics and algorithm transparency for relevant vendors
1. Appendix A - Definitions: Detailed definitions of technical terms and concepts used in the questionnaire
2. Appendix B - Security Controls Checklist: Detailed checklist of required security controls and standards
3. Appendix C - Compliance Certificates: Templates for attaching relevant compliance certificates and audits
4. Appendix D - Incident Response Plan Template: Template for describing incident response procedures
5. Appendix E - Data Flow Diagrams: Templates for documenting data handling processes
6. Schedule 1 - Service-Specific Requirements: Detailed requirements based on specific services provided
7. Schedule 2 - Technical Requirements: Detailed technical specifications and requirements
8. Schedule 3 - SLA Requirements: Service Level Agreement requirements and metrics
Authors
Vendor
Subcontractor
Critical Supplier
Personal Data
Sensitive Personal Data
Data Processing
Data Controller
Data Processor
Information Security Incident
Security Breach
Business Continuity Plan
Disaster Recovery Plan
Risk Assessment
Risk Treatment
Residual Risk
Critical Systems
Service Level Agreement
Compliance
Third-Party Risk
Material Change
Force Majeure
Information Assets
Control Framework
Security Controls
Processing Activities
Data Protection Impact Assessment
Technical Measures
Organizational Measures
Confidential Information
Business Impact Analysis
Recovery Time Objective
Recovery Point Objective
Acceptable Risk Level
Risk Appetite
Due Diligence
Audit Trail
Quality Management System
Service Provider
Regulatory Requirements
Compensating Controls
Risk Matrix
Supply Chain
Information Classification
Access Control
Authentication
Authorization
Business Days
Contract Term
Response Time
Incident Response Plan
Financial Stability
Information Security
Data Protection
Business Continuity
Disaster Recovery
Regulatory Compliance
Quality Management
Risk Management
Third Party Management
Personnel Security
Physical Security
Access Control
Network Security
Data Governance
Incident Management
Change Management
Project Management
Service Level Management
Environmental Management
Insurance Coverage
Operational Resilience
Supply Chain Security
Technology Infrastructure
Systems Development
Asset Management
Training and Awareness
Documentation Management
Audit and Compliance
Performance Monitoring
Capacity Management
Configuration Management
Financial Services
Healthcare
Information Technology
Telecommunications
Manufacturing
Retail
Professional Services
Energy and Utilities
Transportation and Logistics
Public Sector
Insurance
Construction
Education
Media and Entertainment
Procurement
Vendor Management
Risk Management
Compliance
Legal
Information Security
Data Protection
Supply Chain
Operations
IT Security
Quality Assurance
Internal Audit
Finance
Procurement Manager
Vendor Management Officer
Risk Management Director
Compliance Officer
Data Protection Officer
Information Security Manager
Legal Counsel
Supply Chain Manager
IT Security Officer
Chief Risk Officer
Operations Manager
Sourcing Specialist
Contract Manager
Quality Assurance Manager
Business Continuity Manager
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