When terminating vendor relationships, overlooking critical steps can expose your organization to significant security risks. This vendor offboarding checklist ensures you follow a comprehensive process to revoke access privileges, retrieve company assets, and properly close financial accounts.
According to SecurityScorecard’s research, 98% of companies had at least one third-party partner affected by a data breach. This template aids you in navigating these potential pitfalls with an organized approach that documents each completed action. Use it to maintain security integrity and verify contractual compliance when offboarding any vendor from your systems.