What Happened
Managing Supplier Cyber Risk in the Era of AI Adoption
Procurement is now a critical front line of defence against cyber risk, with executives from iManage, LevelBlue, and NCC Group emphasizing the importance of managing supplier cyber risk and AI governance. As businesses adopt AI at an increasing pace, procurement teams must assess suppliers’ security practices and ensure that risks are flagged early and approved or documented. This requires a Zero Trust mindset and collaboration with security, legal, and finance teams, as reported by Procurement Magazine.