DS2.3:
DS 2.3 Supplier Risk Management
Control Objective:
Identify and mitigate risks relating to suppliers’ ability to continue effective service delivery in a secure and efficient manner on a continual basis. Ensure contracts conform to universal business standards in accordance with legal and regulatory requirements. Risk management should further consider non-disclosure agreements (NDA), escrow contracts, continued supplier viability, conformance with security requirements, alternative suppliers, penalties and rewards, etc.
Applicability:
- Sarbanes-Oxley
- HIPAA
- GLBA
- PCI
- FISMA
- NIST SP 800-66
- Ditscap
- Control Exception
- User Defined
Risk Association Control Activities:
- 1. Risk: Third party service providers may not meet business, compliance and regulatory needs of the business inducing risk.
- a. SOX.1.5: Third Party Service providers should be monitored on an ongoing basis to ensure compliance with agreements and service level agreements to support the business.
- a. SOX.1.5: Third Party Service providers should be monitored on an ongoing basis to ensure compliance with agreements and service level agreements to support the business.
- 1. Risk: Third party service providers may not meet business, compliance and regulatory needs of the business inducing risk.
- 2. PCI-12.8.1 Acknowledgement that the 3rd party is responsible for security of cardholder data in their possession.
- 3. PCI-12.8.2 Ownership by each Payment Card brand, Acquirer, and Merchants of cardholder data and acknowledgement that such data can ONLY be used for assisting these parties in completing a transaction, supporting a loyalty program, providing fraud control services, or for others uses specifically required by law.
- 4. PCI-12.8.3 Business continuity in the event of a major disruption, disaster or failure.
- 5. PCI-12.8.4 "Audit provisions that ensure that Payment Card Industry representative, or a Payment Card Industry approved third party, will be provided with full cooperation and access to conduct a thorough security review after a security intrusion. The review will validate compliance with the Payment Card Industry Data Security Standard for protecting cardholder data."
- 6. PCI-12.8.5 Termination provision that ensures that 3rd party will continue to treat cardholder data as confidential.
- 3. PCI-12.8.2 Ownership by each Payment Card brand, Acquirer, and Merchants of cardholder data and acknowledgement that such data can ONLY be used for assisting these parties in completing a transaction, supporting a loyalty program, providing fraud control services, or for others uses specifically required by law.
Implementation Guide:
Process Narrative'
Insert a description of the process narration that is applicable to the existing control statement this narrative refers to.
Process Illustration
Insert a process diagram, flowchart or other visual representation here to illustrate the process narrative.
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Control Commentary
Insert a description of the control that is applicable to the existing control statement this commentary refers to.
Control Exception Commentary
Insert a description of the control exception that is applicable to the existing control statement this commentary refers to.
Evidence Archive Location
Insert Evidence Description Here.
Control Status and Auditors Commentary
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Remediation Plan
Insert remediation plan, applicability, or any information that indicates what needs to be done.
Supplemental Information:
ITIL The Business Perspective, Supplier Relationship Management
ITIL 7.2 Characterizing relationships
ISO 4.2 Security of third-party access
Implementation guidance
Insert guidance in this section if it helps to elaborate upon the subject matter. Examples of evidence that would help guide the end user is desirable.
