The uRISQ mission has always been clear: provide businesses with the solutions they need to understand, decrease, and avoid the risk of data loss. As organizations continue to rely on third-party vendors for critical operations and services, the need for deeper visibility into vendor risk has never been more important. That’s why we are excited to announce a powerful new enhancement to the uRISQ Vendor Management module — Flexible Text Response Fields for Vendor Assessments.

This latest feature release gives businesses more flexibility when designing vendor assessments by allowing the inclusion of questions that require customized text-based responses. Until now, organizations often relied heavily on standard response formats such as multiple choice or yes/no questions. While those options remain valuable, many businesses need the ability to gather more detailed, contextual information directly from vendors during the assessment process.

With the new Flexible Text Response capability, organizations can now create assessment questions that accept a variety of response formats, including:

• Open text responses
• Number value
• Date field
• Currency
• Percentage

This enhancement empowers business users to collect richer, more meaningful information that better supports vendor evaluations and ongoing risk analysis.

Why This Matters

Vendor risk management is not a one-size-fits-all process. Every organization has unique compliance requirements, operational concerns, and risk tolerances. Standardized answers may not always provide the level of detail needed to properly evaluate a vendor’s security posture, financial stability, or operational maturity.

For example, a business may want to ask a vendor:

• When was their last penetration test completed?
• What percentage of employees complete annual security awareness training?
• What is the total cyber insurance coverage amount?
• Describe the process used to encrypt customer data.

These types of questions require more than simple checkbox responses. By allowing businesses to request structured or open-ended text responses, uRISQ enables organizations to tailor assessments to their specific needs while improving the quality and accuracy of the information collected.

Streamlining Vendor Reviews and Risk Analysis

The addition of flexible response formatting not only improves data collection but also streamlines the review and analysis process for internal risk teams. Structured formats such as dates, percentages, and currency fields help standardize vendor responses, making it easier to compare, analyze, and report on vendor risk across the organization.

Meanwhile, open text fields provide valuable context that helps reviewers better understand vendor controls, remediation plans, and operational processes. This combination of structured and descriptive data creates a more complete picture of vendor risk and supports stronger decision-making.

By gathering the right information upfront during the assessment process, businesses can reduce follow-up communications, accelerate reviews, and improve overall efficiency within their vendor management programs.

Continuing Our Commitment to Risk Reduction

At uRISQ, innovation is driven by the real-world challenges our customers face every day. This enhancement reflects our ongoing commitment to delivering practical, flexible solutions that help organizations strengthen their cybersecurity and data protection efforts.

As vendor ecosystems continue to expand, organizations need smarter tools to identify vulnerabilities, assess third-party risk, and protect sensitive information. The new Flexible Text Response feature is another step forward in helping businesses build more effective and scalable vendor risk management programs.

We are excited to bring this capability to our customers and look forward to continuing to evolve the uRISQ platform to meet the changing demands of today’s risk landscape.