What is ongoing vendor monitoring?
Ongoing vendor monitoring is the periodic reassessment of suppliers after onboarding. It checks whether a vendor's security posture, certifications, or risk have changed since the initial review. Typical inputs are refreshed SOC 2 reports, breach disclosures, and contract changes.
What the buyer is really asking
Due diligence at signing is not enough. Say how often you re-review critical vendors, what you look at (new SOC 2 reports, breach news, contract changes), and what triggers an early review.
Other ways buyers ask it
Every one of these wants the same answer:
- “How do you monitor third-party compliance on an ongoing basis?”
- “How often do you reassess critical vendors?”
- “Do you review your vendors' SOC 2 reports annually?”
Evidence to have ready
- Vendor review records with dates
- Collected vendor SOC 2 reports with review notes
How Tyrvar answers this
Tyrvar treats every wording above as one question. You write the answer once, attach the evidence, and revisit it when your setup changes. Each buyer gets that approved answer no matter how their questionnaire words it. If you have not answered it yet, Tyrvar flags the question for you and does not make something up. Try it on your own questionnaire.