AI vendors can change their risk profile between reviews, and most oversight programs never notice
- AI vendors can alter their risk profiles between reviews without most oversight programs detecting these changes.
- Traditional Third-Party Risk Management systems are not designed to catch risk profile changes unless they trigger specific contract clauses.
- AI vendors may change foundation models, add subprocessors, or modify data-handling terms between reviews.
- If vendor agreements do not define 'material AI change' linked to notification requirements, TPRM programs risk reviewing outdated information.
36 Articles
36 Articles
thepampanews.com
AI vendors can change their risk profile between reviews, and most oversight programs never notice
AI vendors can change their risk profile between reviews, and most oversight programs never noticeOrganizations often treat AI adoption as a business decision, overlooking its third-party risk management (TPRM) implications. As a result, AI tools are frequently deployed outside procurement and security oversight, creating governance gaps that become harder to manage as risks evolve.This challenge with AI risk management is the pace of change. Or…
AI vendors can change their risk profile between reviews, and most oversight programs never notice - Stateline Publications
AI vendors can change their risk profile between reviews, and most oversight programs never noticeOrganizations often treat AI adoption as a business decision, overlooking its third-party risk management (TPRM) implications. As a result, AI tools are frequently deployed outside procurement and security oversight, creating governance gaps that become harder to manage as risks evolve.This challenge with AI risk management is the pace of change. Or…
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