Risk Webinar Series | Episode 3 - 5 Things You Should Know About Vendor Management & 3rd Party Risk

Most organizations rely on a growing number of vendors to run critical parts of the business. Those vendors may have access to sensitive data, support important systems, and increasingly introduce AI into the environment. The challenge is that while we depend on them, we do not directly control them. In this session of the Risk Leadership Series, Joel Robnett is joined by Steve Sims of Cruxial Technology Group and Justin Keck of Inspire Security Solutions to discuss practical ways leaders can approach vendor management and third-party risk. The conversation covers: • How to identify which vendors matter most • Why questionnaires should support decisions, not become the process • How AI is changing vendor risk and data governance • What to consider around vendor lock-in and concentration risk • Why vendor risk needs to be reviewed continuously as technology and business needs change • Where to start if your organization does not yet have a mature third-party risk program The goal is not to add more process for the sake of process. It is to better understand where risk exists, assign ownership, and make more informed business decisions. NxNW Technologies helps organizations navigate technology decisions with a focus on reducing risk, controlling cost, and improving business outcomes. Learn more at nxnwtech.com.