Clarence Chio is the cofounder and CEO at Coverbase, the leading AI procurement and risk company that recently raised $20m from top investors to automate 90% of vendor management. Prior to this, he cofounded Unit21, a Google-backed company that raised $92m to help top financial institutions combat fraud and money laundering with AI. He has degrees in Computer Science and AI from Stanford, published the book "Machine Learning and Security" with O'Reilly Media, and teaches AI and security at UC Berkeley.
SOC 2, HITRUST, and BAAs should be treated as starting points, not trust signals. They tell you what a vendor claims about its controls. They do not tell you whether those controls are actually working today or whether the evidence behind the attestation was real.