Questionnaires are used to collect specific information about the security practices and policies of third-party vendors to assess their risk level. They are a structured form of inquiry enabling the organization to gather necessary details systematically to inform their risk analysis and make informed decisions regarding the engagement with the vendor.
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What kind of information is typically collected in third-party risk assessment questionnaires?
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How do organizations use the responses from third-party risk assessment questionnaires?
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What happens if a vendor has inadequate security policies identified during a questionnaire review?