AI & ML · Oct 14
AI Supplier Risk Can Change Within a Matter of Weeks. Annual Reviews Cannot
IG&H says AI vendor risk now moves faster than yearly governance rituals, especially across cloud, model, data, and specialist software suppliers.
- Replace yearly AI supplier reviews with event-triggered monitoring tied to incidents, ownership, data processing, and model functionality changes.
- Map concentration risk across cloud and model providers so one vendor dependency does not quietly become systemic.
- Use explainable, continuously evaluated risk models only where they improve decisions, not as dashboard decoration.