NEACS Day 1 Session 5

2:00 - 2:30 "Automating Third Party Risk Assessment – Deeper Dive on Technology
Third party risk assessment can help organizations to identify potential weaknesses among vendors and partners that could result in a breach. However, for large organizations, the cost spent on conducting assessment is large as the number of vendors and partners is also enormous. Automation using Machine Learning and AI is a feasible option to contain the cost of the assessment. Knowing the common building blocks of technology to implement the automation can help practitioners to understand the feasibility of automation. "