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Glossary › Risk Tiering
What is Risk Tiering?
Risk tiering determines which vendors require enhanced due diligence, contract controls, and ongoing monitoring. Higher tiers reflect greater exposure and stricter oversight requirements.
FAQs
What determines the tier?
Inherent risk, data sensitivity, impact, and controls.
Can vendor tiers change?
Yes, based on assessments or incidents.
Does tiering affect assessment depth?
Yes, it guides the level of due diligence.
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