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Organizations rely on dozens, sometimes hundreds of external vendors, suppliers, and service providers. Due to which third-party risk has become one of the most critical components of cybersecurity and compliance. Yet traditional vendor-risk processes are slow, manual, and often incomplete.

That’s where an AI-powered third-party risk assessment solution is reshaping the landscape.

AI is giving businesses the visibility, speed, and accuracy they need to stay secure in an increasingly interconnected environment.

The Problem with Traditional Third-Party Risk Management

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