From the course: IoT Product Security

Unlock this course with a free trial

Join today to access over 23,100 courses taught by industry experts.

Supplier risk

Supplier risk

From the course: IoT Product Security

Start my 1-month free trial Buy for my team

Supplier risk

“

Hi, I'm Matthew Clark, and this is Lesson 2.7: Supplier Risk. In Lesson 1.3, we discussed the various vendors and third parties that OEMs can use to develop and manufacture their IoT products, and we've mentioned supplier risk and other lessons as well. This lesson is going to go a little deeper into this topic. In this lesson, we'll look at vendor and third-party risk. We'll identify a simple supplier management process and discuss supply chain vulnerabilities. And we'll finish with the case study. So let's get started. Just a quick moment for definitions. Let's talk about the difference between a vendor and a third-party. A vendor is an entity that provides goods and services to the OEM, and a third party is an entity tasked with providing products and services to consumers on behalf of an OEM. So during this discussion, I'm probably going to use both terms interchangeably. So apologies ahead of time, but in case you're wondering, there is a difference. For most organizations, their…

Contents