Lowe’s Home Improvement

Lowe’s Third Party Risk Management | Third-Party External Vendor Information Security Policy Consulting & Advisory

Comprehensive Lowe’s Third-Party Risk Management Services

Centris is a leading provider in helping businesses comply with Lowe’s Third Party Risk Management framework, and specifically, with Lowe’s Third-Party External Vendor Information Security Policy requirements. We have helped a large number of businesses become compliant with Lowe’s TPRM mandates. From filling out Lowe’s TPRM online questionnaire to developing information security and cybersecurity documentation, we can help you every step of the way.

How CENTRIS Can Help with Lowes’ TPRM

Centris has years of experience helping organizations become compliant with today’s growing security, compliance, and governance mandates. With regards to Lowe’s TPRM framework, here’s how we can help:

(1). We Make Lowe’s TPRM Requirements Understandable and Digestible

As a business having to comply with Lowe’s TPRM framework, you’ve got questions - many of them - and Centris has the knowledge and expertise in answering them for you. The Lowe’s TPRM framework can seem daunting at first glance, no question about it, but with Centris, we can simplify the process for you.

“What do we need to do to comply?” “How time-consuming is the process?” “How much does it cost and what are our deliverables”? These are just a handful of the literally dozens of questions asked by our clients. Rest assured, we have the answers, and can get you compliant with Lowe’s TPRM - efficiently, cost-effectively, and comprehensively.

With Centris our Design & Deploy TPRM solutions help organizations build comprehensive third party risk management programs for the financial, life sciences, healthcare, energy, critical infrastructure, manufacturing, retail, technology, and legal sectors.

(2). We’re Experts at Writing Information Security Policies and Procedures

Centris can develop all of your policies and procedures as required by the Lowe’s Third-Party External Vendor Information Security Policy requirement. From access control to incident response - and dozens more - we have years of experience authoring information security and cybersecurity policies and procedures.

At a glance, here are some of the major requirements within Lowes’ Third-Party External Vendor Information Security Policy document:

Information Security Risk Management
Information Security Policy
Organization of Information Security
Asset Management
Human Resources Security
Physical and Environmental Security
Network Security
System Security
Data Security
Operational Security
Access Control
Information Technology Acquisition, Development and Maintenance
Information Security Incident Management
Offshore Locations
Third Party/Vendor Policy
Removable Media/Offsite Storage Policy
Incident Reporting
Penetration Testing and Vulnerability Scans
Mobile Device Management (MDM) Policy

As you can see, a tremendous amount of information security, HR, and operational policies and procedures need to be developed. For the last two decades, we’ve been authoring information security, cybersecurity, H.R. and operational documents for organizations all throughout North America.

Writing information security policies and procedures is often the most time-consuming element of becoming compliant with Lowe’s TPRM measures. Luckily, with Centris’ industry leading templates, this becomes a much more manageable process that doesn’t break the bank.

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Leaders in Security & Regulatory Compliance

Risk Strategies & Methodologies

Risk management planning reduces exposure to a wide-range of issues that could have detrimental effects on a business. Not knowing, planning, or responding to risks and related issues can leave an organization with few options in combating risks when they actually surface.

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Strategic Planning & Integration

Every organization is moving towards a digitized business model, so isn’t it time to strategize on some of the most critically important elements for your business?

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Regulatory Compliance Experts

Build scalable, adaptable, and efficient compliance solutions for increased organizational efficiency, while also improving core InfoSec, cybersecurity, operational and data privacy controls and best practices.

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Lowes’ Take on Third-Party Risk Management

Lowe’s, similar to many large businesses in North America, are serious about securing their entire supply chain. One of the biggest challenges facing Lowe’s is gaining a strong understanding of their vendor’s security posture. More specifically, if you’ve been identified as a vendor or agent operating on behalf of Lowe's, then according to the home improvement giant, you’ll need to be compliant with a large number of information security and cybersecurity measures as part of their comprehensive Third Party Risk Management (TPRM) program.

More specifically, Lowe’s TPRM program ultimately requires vendors, agents, contractors - essentially anyone - operating on behalf of Lowe’s, to have in place a robust set of InfoSec and cyber related policies, procedures, and processes.

According to Lowes’ Third-Party External Vendor Information Security Policy - a key component of its TPRM platform - is to “...establish fundamental security guidelines, requirements and procedures that reduce risk and provide for the confidentiality, integrity, availability and privacy of Lowe’s Companies, Inc. and its subsidiaries (“Lowe’s”) information technologies and assets. The protection of information assets is mandatory for business, contractual, regulatory and legal reasons.”

(3). We Can Assist with Completing Lowe’s online Vendor Portal Questionnaire

Next, we can also assist in completing the online vendor security assessment questionnaire portal that’s required to be answered. This is important to note because not all of Lowe’s security requirements may be applicable to your business, so knowing how to properly scope what’s “in” and what’s “out” for your business is essential.

(4). We Can Perform a Third-Party Cyber Assessment

Many organizations seeking to showcase compliance with Lowe’s TPRM are surprised to find out that along with completing an online set of security questions, they may potentially also have to perform a third-party assessment by an independent firm. If this is your scenario, we can help.

(5). We Can Monitor Your Controls for Ensuring Continuous Compliance

Once you’ve taken the time to develop all of your policies, procedures, and related practices for complying with Lowe’s TPRM framework, you’ll then need to monitor your environment for continuous compliance. Simply stated, continuous monitoring means regularly assessing one’s controls to ensure they are functioning as designed. Remember that compliance with Lowe’s TPRM framework is not a one-and-done event, it’s a continuous process, one that lives on year after year.

Take the Next Step

CENTRIS offers the following services and solutions for businesses (i.e., “providers”, as stated by Lowe’s) all throughout North America.

Documentation writing services for information security policies and procedures
Assistance with answering Lowe’s online questionnaire portal
Independent cyber assessments
Continuous monitoring programs
And more!

"The protection of information assets is mandatory for business, contractual, regulatory, and legal reasons."
- Lowe's

We are Lowe’s TPRM Experts. Let’s Talk.

Centris has the manpower, expertise and compliance “know-how” to get the job done right, within budget and timeframe. Businesses all throughout North America offering services to the retail giant Lowe’s will no doubt be affected in some capacity by their TPRM requirements.

Navigating Lowe’s TPRM framework can be complex, time-consuming, and costly - but not with Centris. From developing essential InfoSec policies to assistance with completing the online vendor assessment questionnaire, along with performing third-party cyber assessments - and more - Centris is the firm you can trust.