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How Fortune 500s Negotiate Vendor Security Audit Rights

Enterprise Tech with Fexingo · 2026-08-12 · 12 min

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Topics in this episode

Third party risk managementEnterprise procurementfortune 500 negotiationsecurity audit rightsvendor security audit

Episode notes

Episode 153 of Enterprise Tech with Fexingo: Lucas and Luna dig into the growing demand among Fortune 500s for vendor security audit rights. With cyber insurance hardening and regulators pushing for third-party oversight, enterprises are turning to contractual clauses that let them verify a vendor's security posture - not just take their word for it. The hosts walk through a recent negotiation at a global bank, the sticking points around scope and frequency, and the rise of independent security assessment firms. They also explore how smaller vendors can push back and offer alternative assurances. A practical, behind-the-scenes look at how procurement teams are turning security into a contract sport. #SecurityAuditRights #VendorNegotiation #Fortune500 #EnterpriseTech #ThirdPartyRisk #CyberInsurance #Compliance #Procurement #SaaS #CloudSecurity #SOC2 #ISO27001 #DataProtection #VendorManagement #Business #Technology #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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