What is Control Library?

Control Library Definition

A control library consolidates all organizational controls into a structured set that supports compliance, risk management, and governance processes. It enables consistent testing, policy enforcement, and reporting. In TPRM, control libraries help evaluate vendor controls against standardized requirements and improve assessment efficiency.

FAQs

Why maintain a control library?

It creates consistency across programs and simplifies audits.

Can control libraries support multiple frameworks?

Yes, they often include mapping to major standards.

Do vendors need their own control libraries?

Mature vendors maintain them to streamline customer assessments.