Third-party risk management (TPRM) programs are now raising top-priority risks, with boards and regulators turning the spotlight on acute risks highlighted by our hyper-connected and increasingly AI-powered world.
Third-party management, IT and security teams, boards, and regulators that have third-party risk in their sights will do well to focus on how AI can cut through these Gordian knots.
Let’s consider three core uses of AI in TPRM and what organizations should understand.