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Third-Party AI Risk Governance

Vendor Risk Checklist

  • Data residency and retention guarantees
  • Contractual restrictions on model training with customer data
  • SOC 2 / ISO alignment and security attestations
  • Incident notification and support SLAs
  • Sub-processor transparency

Approval Flow

  1. Security and privacy review
  2. Legal and procurement review
  3. Pilot with restricted scope
  4. Production approval with quarterly revalidation

Continuous Monitoring

  • Track vendor policy changes and incident disclosures.
  • Reassess critical vendors quarterly.
  • Suspend integrations when high-risk changes are unmitigated.