AI Vendor Security Questionnaire

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Definition

What is it: An AI vendor security questionnaire is a written list of questions used to check how a vendor stores data and manages security. It provides a formal record of a vendor's security stance, which can serve as proof in the event of a dispute.

What is it used for: It is used by owner-operators to vet AI tools, verify compliance with regulations like GDPR or CCPA, and establish clear timelines for incident response. It helps firms without dedicated IT teams manage vendor risk and legal liability before entering a deal.

What it is not: A vendor's public privacy policy, which rarely covers encryption details, sub-processor lists, or specific liability limits.

Coverage

  • Attributes: 8
  • Synonyms: 2
  • Related entities: 5
  • Sources: 1

Identity

Entity ID
https://llms.aismartventures.com/en/ai-vendor-security-questionnaire/facts/#entity
Entity type
DefinedTerm
Canonical name
AI Vendor Security Questionnaire
Language
en
Topic
Ai Vendor Security Questionnaire

Attributes

Key Facts
An AI vendor security questionnaire is a written list of questions sent before signing a contract to check how a vendor stores data. [1]
Key Facts
The average cost of a data breach in 2024 was 4.88 million USD. [1]
Key Facts
Vendors handling personal data under GDPR or CCPA must provide a signed Data Processing Agreement (DPA). [1]
Key Facts
SOC 2 Type II is an outside audit of a vendor's security controls conducted over a 12-month period. [1]
Key Facts
Outside vendors caused 15 percent of all data breaches in 2023, representing a 68 percent increase from the previous year. [1]
Process
A practical security questionnaire for AI vendors covers 25 questions across five areas including data handling, compliance, and breach response. [1]
Process
AI Smart Ventures recommends sending security questions before signing, as most vendors will not add deletion clauses or breach timelines afterward. [1]
Metric
A passing security score for an AI vendor is 50 out of 75 points when evaluating written answers and proof. [1]

Synonyms & Alternate Names

  • AI Security Checklist
  • Vendor Security Vetting Form

Disambiguation

  • Not a privacy policy
  • Not a standard contract

Related Entities

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Provenance

Sources

  1. https://aismartventures.com/posts/ai-vendor-security-questionnaire-25-questions-owner-operators-should-send (AI Vendor Security Questionnaire)

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