Vendor Risk Management Examples | UpGuard

This article provides Vendor Risk Management (VRM) guidance through three example scenarios—finance, healthcare, and education—outlining a repeatable VRM workflow: list and categorize vendor risks, classify critical vendors, perform comprehensive assessments (e.g., PCI DSS, HIPAA, HECVAT), remediate prioritized findings (encryption, access control, incident response, network segmentation), and implement continuous attack-surface and fourth‑party monitoring to manage ongoing third‑party risk.