GDPR and Third Party Data Processor Risk On May 25th 2018 the biggest change to data protection law in 20 years will kick in. The EU General Data Protection Regulation (GDPR). You know the risks. Any breach of Personally Identifiable Information (PII) can result in new penalties of fines of up to 4% of Annual Global Revenue or…
LEARN MOREThird Party Risk Management White Paper What is driving the thinking behind the next generation of Third Party Risk Management programs and platforms? What does a comprehensive approach to Third Party Risk Management look like? How can you and your Third Parties work collectively to improve efficiency and streamline the Risk Assessment process? What tools…
LEARN MOREExpert Insight : IT Regulation and Risk in Financial Services Mitigating Threats from Third Party Providers This Q&A with Tom Garrubba of the Shared Assessments Program discusses the broad themes of increasing regulation and scrutiny, both global and local, as we enter the GPDR era. While GDPR has high visibility, it’s not just GDPR that…
LEARN MOREThe Internet of Things (IoT): A New Era of Third-Party Risk Ponemon Institute: March 2018 With the proliferation of IoT devices in the enterprise, managing Third Party risks to sensitive and confidential data has become a herculean task. As revealed in The Second Annual Study on the Internet of Things (IoT): A New Era of…
LEARN MOREProving the value of 3rd Party Risk Management software and solutions Predicting, realising and proving the value of IT Security and Risk Assurance investments is often a real challenge for an organisation and its management team. The drivers for such expenditure can be a reaction to a breach or risk event, the need for specific…
LEARN MORENIS Directive and Third Party Risk In August 2017 the UK government issued a consultation document on compliance requirements for the upcoming Directive on security of network and information systems (NIS Directive). Following its consultation period the government has now released it’s formal response and guidance for organisations that fall under the requirements of…
LEARN MOREOver 40% of top 100 law firms are Legal Vendor Network members. More than 250,000 vendors being continuously monitored. Why are growing numbers choosing THE leading solution for 3rd Party Risk in Legal sector? Law firms know they are a perfect target for a cyber attack due to the volume of sensitive information that they…
LEARN MOREIs a one-off annual Third Party risk assessment enough? The 2017 Ponemon Cost of Data Breach Survey found that 63% of companies don’t have plans to update their Third Party risk assessments on an ongoing basis. If you rely only on one-time assessments you risk missing critical information about your suppliers that can affect…
LEARN MOREBest Practices for Reducing Third Party Risk The simple truth is that the security measures organisations put in place are not enough to protect them from threats of Third Party risk. Third Parties can present the greatest area of risk exposure — both for data security and for regulatory compliance. It is much easier for…
LEARN MOREUnderstanding the Bar Council GDPR guide and what GDPR means for Barristers, Chambers and Legal Firms A few thoughts on the Bar Council GDPR guide notes and Third Party Risk compliance. In October 2017 the Bar Council issued a GDPR guide for Barristers and Chambers that outlined the key issues and requirements for regulatory compliance….
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