Bug Assets system status : "Not Risk associated" does not take into consideration Third party risks

I created an asset that is provided to us by a third party. The asset is associated with a third party risk but currently with no asset risk. As the status “Not Risk associated” only looks at asset risks, this notification is misleading. Better to include third party risks to better cover the status. Opting to change the status description to “Not Asset Risk associated” will result in red statuses for all third party associated assets, making the system status unusable.