InfoSec: Applying AI to Third-Party Risk Management to Achieve Consistency

Information Security teams face a mounting challenge: as businesses outsource more critical functionality to third parties, third-party cybersecurity incidents are hitting unprecedented highs. Add to this a widespread regulatory push for increasingly strict third-party risk management (TPRM) practices, and Infosec must manage a balancing act: they need to review vendors at an adequate level of scrutiny without exploding onboarding cycle times and slowing operations.

Compounding this challenge is the way Artificial Intelligence (AI) technology enables hackers to expand their operations without increasing costs. According to research from SoSafe, 78% of human respondents opened AI-written phishing emails, and 21% actually clicked the links within. Additionally, this research shows that generative AI tools can speed up phishing attacks by at least 40%, heightening the danger posed by these operations by increasing scalability.

Download this whitepaper to learn how to leverage AI to bolster third-party risk management and protect your network from external AI attacks.