The AI Advantage for TPRM: Turning Caution into Confidence for Security Leaders
As AI technology advances, security leaders in third-party risk management (TPRM) face a stress-inducing choice: embrace AI to streamline and strengthen their programs or risk falling behind. While hesitation toward adopting new technology is understandable, especially in risk management, where new technology can come with detrimental security risks, AI can offer significant benefits to TPRM […]
InfoSec: Applying AI to Third-Party Risk Management to Achieve Consistency
AI-powered InfoSec teams do more consistent work on a faster timescale, onboarding new suppliers quickly without sacrificing security.
Procurement: Applying AI to Third-Party Risk Management to Speed Vendor Onboarding
AI-powered Procurement teams do more consistent work on a faster timescale, onboarding new suppliers without losing hours on tedious, time-consuming processes and reviewing policies at a greater level of consistency than was possible before.
Managing Third-Party AI Risk
Artificial Intelligence presents third-party risk management (TPRM) professionals with a serious challenge and a profound opportunity. On the one hand, third-party risk managers are already beginning to integrate this powerful new technology into their processes, resulting in faster, more consistent operations and helping teams do much more with the resources they’re given. At the same […]
Deploying an AI-powered Third-Party Risk Management Program
Artificial Intelligence (AI) impacts third-party risk management (TPRM) practices, whether or not your TPRM team is taking advantage of the technology. Service providers use AI to help them fill out questionnaires, hackers use AI to help develop malware and AI services present risk managers with another outsourced service that stores and processes potentially sensitive data. […]