Managing Risk and Your Vendor Relationships

51% of businesses have experienced a third-party data breach. In other words, there’s a one-in-two chance a vendor will expose your sensitive data. Practically every company relies on third parties to provide critical services or software to their business. But while you can outsource processes, you can’t outsource the associated risks. Knowing who your vendors are, how they manage their risks and their potential impacts on your company is a crucial piece of your InfoSec program. However, contracting is often overlooked from a security perspective, and it shouldn’t be. An effective vendor risk management program can minimize the impact of disruptive events and reduce a company’s overall risk exposure. In this webinar, Jose Costa, Chief Information Security Officer at Tugboat Logic, and Zach Payne, Senior Corporate Counsel at OneTrust, will deep dive into: - How to build an ideal vendor management framework - The issue with vendor contracts and how to overcome common pitfalls - Practical advice to streamline complex client and vendor points of view - Liability limitations, intellectual property, and confidential information.