In the context of third-party risk management, dynamic assessments refer to ongoing evaluations of a third party's security posture, including risk management processes, policies, and controls. These assessments are typically conducted regularly and are designed to provide an up-to-date view of a third party's security status.

Dynamic assessments are distinguished from static assessments, which are conducted at a single point in time and provide a snapshot of a third party's security posture at that moment. On the other hand, dynamic assessments consider changes and updates to a third party's security posture over time, allowing risk managers to identify new risks and vulnerabilities as they emerge.

Dynamic assessments aim to provide a more comprehensive and ongoing view of a third party's security posture, enabling organizations to better manage and mitigate risks associated with third-party relationships.

ThreatNG Security is a comprehensive third-party risk management solution that leverages external attack surface management, digital risk protection, and security ratings to provide dynamic assessments of third-party vendors. It continuously monitors for new risks and vulnerabilities across multiple channels, providing a real-time view of emerging digital risks that may affect a third-party vendor. By assessing a third-party vendor's security posture, ThreatNG identifies changes to a third party's risk posture over time, allowing for proactive risk management strategies. This approach enables organizations to manage and mitigate risks associated with third-party relationships more effectively, ultimately improving the organization's overall security posture.