GV.SC-07 ensures ongoing understanding and management of risks from suppliers and third parties throughout their relationship with the organization. This involves documenting, prioritizing, and assessing risks—such as product vulnerabilities or service disruptions—and developing tailored responses. Continuous monitoring keeps these risks in check over time.

This subcategory promotes a dynamic risk management process, using methods like audits or inspections to verify supplier compliance and adapt to changing risk profiles. It ensures that critical suppliers are closely watched, maintaining security across the relationship lifecycle. GV.SC-07 sustains vigilance and responsiveness in supply chain security.