Managing third-party vendor risk is a continuous effort under global privacy laws and security regulations like GDPR, CCPA and ISO 27001. While outsourcing operations to vendors can alleviate business challenges, managing their associated risks can oftentimes be a time consuming and disjointed process. To streamline this, organizations must collaborate across the business and automate vendor-related processes to secure sufficient vendor guarantees that support their risk appetite. This session will breakdown the latest techniques for creating a strategic vendor risk management program.
Key takeaways:
Understand how shared risk exchanges make vendor risk management more efficient
Outline what vendor risk activities to outsource and what to do in house
Breakdown how to pick the right risk assessments and methodologies for your organizations
Learn how privacy professionals can cross collaborate with their broader infosec and procurement teams