Explore a critical analysis of third-party service provider diligence practices in this 22-minute conference talk from BSidesLV 2014. Delve into the shortcomings of current approaches, examining published diligence, review processes, and scoping issues. Learn about the pitfalls of checkbox mentality and ineffective questioning techniques. Discover the importance of frequency, quantification, and psychometric considerations in assessments. Gain insights from a questionnaire case study and receive practical takeaways to improve your diligence processes. Challenge yourself to seek maturity in your approach and implement more effective third-party risk management strategies.