#269 - Changing Third Party Risk Management (with Nate Lee)

Third-party risk management has become a time-consuming, frustrating exercise. Security teams and vendors alike are buried under long, repetitive TPRM questionnaires that often miss what actually matters. Buyers struggle to assess real risk, while vendors waste countless hours answering low-value questions, slowing deals and draining resources.

These bloated questionnaires don’t just waste time, they actively weaken security programs. Important risks get lost in the noise, assessments become checkbox exercises, and both sides grow cynical about the process. As supply chain attacks increase, relying on outdated, one-size-fits-all approaches leaves organizations exposed and ill-prepared to respond.

In this episode of CISO Tradecraft, G Mark Hardy sits down with Nate Lee to explore smarter, more effective approaches to TPRM. Drawing on his experience as a CISO and entrepreneur, Nate shares practical strategies for automating assessments, asking more meaningful security questions, and using AI to reduce friction while improving insight. The conversation offers actionable guidance for buyers and vendors to streamline TPRM, focus on real risk, and build stronger, more scalable security programs.

Nate Lee - https://www.linkedin.com/in/natetrustmind/

Nate Lee -  nate@trustmind.com