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- Third-party AI risk: A holistic approach to vendor assessment - OneTrust
As the landscape of third-party AI risks continues to evolve, organizations must embrace a holistic approach to vendor assessments Incorporating AI risk into these assessments is a strategic imperative and a proactive step towards third-party risk management practices and responsible AI usage
- AI Security Policies: Questions to Ask Third-Party Vendors
There are three primary ways to leverage AI security policies in your third-party risk management (TPRM) program: pre-contract due diligence, vendor contracting, and vendor assessment Your AI security policy should guide the due diligence process when evaluating potential vendors and suppliers
- Assessing AI Risks: Questions for Vendor Compliance | CSA
Learn how to assess AI risks with third-party vendors by focusing on cybersecurity, industry regulations, and company culture to ensure compliance and data protection
- Comprehensive vendor assessment: Managing third-party AI risks
Discover how to manage third-party AI risks effectively by implementing robust vendor assessment, continuous monitoring, and strong data security measures to ensure compliance and operational integrity
- Generative AI for third-party risk management - EY
The capabilities of powerful large language models can enable diverse applications across the third-party risk management lifecycle A selection of areas of the TPRM program where Generative AI could help are depicted below
- Key Considerations for Evaluating Vendor Contracts Involving AI
Before diving into vendor contracts involving the use of AI, a business should coordinate a standardized approach internally to ensure both commercial suitability and regulatory compliance Such a standardized approach may include (a) performing due diligence on potential vendors, and (b) determining the requisite contractual protections needed
- Procuring Third-Party AI Solutions: Best Practices Key Factors for . . .
Whether automating mundane tasks, deriving insights from data, or pioneering discoveries in a niche field, understanding the ‘why’ of procuring third-party AI solutions is the first step in the procurement journey
- Why Independent Assessment Matters: Managing Risks with Third-Party AI . . .
Independent third-party risk assessment is essential for building trust and transparency in the AI vendor landscape, as organisations can mitigate potential legal and ethical pitfalls associated with AI adoption
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