The focus of the VRMMM is to provide third party risk managers with a tool they can use to evaluate their program against a comprehensive set of best practices. This “benchmark” tool helps organizations plan programs and set goals.
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VRMMM
The Vendor Risk Management Maturity Model (VRMMM) is a holistic tool for evaluating maturity of third party risk programs including cybersecurity, IT, privacy, data security and business resiliency controls.
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How the VRMMM Works
Broken into eight categories, the model explores more than 200 program elements that should form the basis of a well-run third party risk management program.
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Membership
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