Security is often last to know about new vendors. See how to operationalize third-party risk management before contracts are signed, not after.
Summary
In a recent CSO Online column, CISO Greg Neville argues that most organizations handle third-party risk through last-minute heroics instead of a repeatable process. His central complaint: "Security is always last to know" about new vendors. By the time a vendor reaches security review, the business has already chosen it and the contract is nearly done. That leaves security as a gatekeeper with no leverage.
Neville calls for a real operating model. That means a defined intake process, clear timelines, early involvement from legal, finance and procurement, and contracts that hold vendors to their security commitments. He also flags AI as an accelerant: employees are putting sensitive data into unapproved AI tools before anyone has assessed them. That makes a defined AI vendor review process urgent.
The InfoSight take: regulators already expect the process, not the heroics.
For InfoSight's core industries, third-party risk isn't optional:
Financial institutions operate under the federal banking agencies' Interagency Guidance on Third-Party Relationships, which expects risk management across the full vendor lifecycle.
Healthcare organizations are responsible for how business associates protect patient data, and vendor breaches remain a leading source of healthcare data exposure.
Manufacturers depend on suppliers, integrators and remote-access vendors, and each of them can be a path into production systems.
Proof beats assumption. Here's how InfoSight helps:
Vendor risk assessments. InfoSight evaluates your vendors' security posture before contracts are signed, so risk decisions happen while you still have leverage.
Mitigator® gives you continuous risk visibility, so your view of vendor exposure stays current after onboarding.
24/7 SOC monitoring, Powered by AI, Fueled by Experts. Vendor access and third-party connections are watched around the clock, so unusual activity through a trusted partner gets caught and investigated.
Do you know which of your vendors could put you at risk today?