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4.2 Explain the importance of managing and mitigating vendor risk.

Shared responsibility model (roles/responsibilities)

 Cloud service provider (CSP)

  Geographic location
  Infrastructure
  Compute
  Storage
  Networking
  Services

 Client

  Encryption
  Operating systems
  Applications
  Data

Vendor lock-in and vendor lockout

Vendor viability

 Financial risk

 Merger or acquisition risk

Meeting client requirements

 Change management

 Staff turnover

 Device and technical configurations

Support availability

Geographical considerations

Supply chain visibility

Incident reporting requirements

Source code escrows

Ongoing vendor assessment tools

Third-party dependencies

 Code

 Hardware

 Modules

Technical considerations

 Technical testing

 Network segmentation

 Transmission control

 Shared credentials