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Third-Party Risk Assessment for AI Agent Vendors

What to specifically evaluate when assessing an AI agent vendor as part of a third-party risk review, beyond a generic SaaS vendor checklist.

Direct answer

An AI agent vendor's third-party risk assessment should specifically cover which underlying model providers they depend on (and that provider's own risk profile), what happens to your data if used for their own model improvement, and their incident history around hallucination or safety failures — a generic SaaS security questionnaire misses these AI-specific risk factors.

Last reviewed 2026-08-29

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AI-specific questions a generic vendor review misses

  • Which model providers does the vendor depend on, and does their risk inherit from that provider's own security and reliability track record?
  • Is your data used to train or improve the vendor's models, and can this be opted out of contractually?
  • What is the vendor's documented incident history around inaccurate or harmful outputs, and how did they respond?

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