TPRM- Vendor Risk Scoring Calculation

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4 hours ago
Does anyone knwo how does the Vendor Risk Score works:
Question 1: Does the third party risk area scores feed into third party components and then to third party risk score? or is it the other way round?
Question 2: Is it possible for vendor risk score to be weighted average of third party risk areas only and bypass third party component
Question 3: Why is it mandatory to have overall score in risk intelligence score than having sub scores(not subfactors).
1 REPLY 1
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3 hours ago
Hi @Siddharth9 ,
This link should answer both your questions :
Thanks,
Sandeep Dutta
Please mark the answer correct & Helpful, if i could help you.
Sandeep Dutta
Please mark the answer correct & Helpful, if i could help you.