How do you respond to a potential vendor risk incident?

1. Acknowledge the incident and notify the vendor that the incident is being investigated.

2. Collect all relevant information and assess the scope of the incident.

3. Identify the root cause of the incident and any existing vulnerabilities.

4. Develop an appropriate response plan that includes any necessary action to remediate the issue.

5. Implement the response plan and take any necessary actions to mitigate the risk.

6. Follow up with the vendor to ensure that the incident has been addressed and the risk has been mitigated.