Third-Party AI Risk Management Solutions Overview

This document is a service brief that outlines Optiv's Third-Party AI Risk Management solutions designed to address the challenges associated with managing AI risks from third-party vendors. The brief details a comprehensive suite of services, including risk-prioritized vendor assessments, AI compliance reviews, contract audits, shadow AI detection, and automated vendor assessments. It emphasizes a structured approach to identifying, assessing, and managing AI-related risks within an organization's vendor ecosystem. The brief describes specific offerings such as AI Vendor Risk Assessment as a Service, which includes scalable assessments of governance and compliance, AI Regulatory Compliance Overview with centralized dashboards for vendor alignment with various standards, and AI Usage Discovery to uncover unauthorized AI use. Additionally, it mentions contract enhancements to ensure transparency and compliance, along with automated assessments to streamline evaluations. Overall, the document provides a foundation for organizations to reduce AI risk exposure and strengthen vendor relationships.