The Vendor Risk Management Checklist is a comprehensive list of key activities and questions to assess the risk associated with vendors. It helps organizations identify potential risks and vulnerabilities associated with third-party vendors, evaluate the effectiveness of existing vendor risk management processes, and develop a strategy for mitigating those risks. The checklist covers topics such as vendor due diligence, financial stability, operational risk, compliance, and data security. The checklist also provides guidance on how to review and monitor vendors and their activities as well as how to document any risks identified. The checklist is designed to help organizations develop a comprehensive risk management plan for their vendors.