Vendor Risk ManagementAEGIS VRMS

Annual Vendor Security Review Template

Annual vendor reviews are mandatory for most compliance frameworks. This template guides you through a structured review of each vendor's security improvements, open issues, contract compliance, and risk trajectory over the past year.

1,100+ downloads
15 min read time
Vendor Risk Manager, CISO, Legal Team, Procurement

Template Sections

1
Prior Year Assessment Summary
2
Security Improvements Achieved
3
Open Issues & Remediation Status
4
Contract & SLA Compliance Review
5
Data Handling Changes
6
Updated Risk Rating
7
Next Year Action Plan
8
Sign-off & Approval

Fields & Data Points

Vendor NameReview PeriodPrior Risk RatingCurrent Risk RatingIssues ClosedIssues OutstandingSLA Compliance %Security IncidentsContract ChangesRenewal DecisionReviewer NameApproval Date

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Who Uses This

Vendor Risk Manager
CISO
Legal Team
Procurement

Related Topics

annual vendor review templatevendor security annual reviewyearly vendor assessmentvendor risk annual reviewsupplier annual security review

Template Info

CategoryVRMS
ModuleAEGIS VRMS
Read Time15 min
Downloads1,100+
Sections8
Fields12

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