As organizations work to address the ever-changing world of data privacy and security compliance, what have they done to address the operational risks that extend beyond the bounds of the organization?
Privacy and security-focused laws and regulations trigger changes to Third Party Risk Governance, including external assurance or testing of controls. Today’s data controllers require not only contractual compliance, but proactive due diligence, data location tracking, and testing for their data processors. In short, organizational leaders need effective processes and tools to meet the challenges of managing third-party relationships. Widely-accepted frameworks, such as the Shared Assessments Program, help data privacy and security leaders ask the right questions and gain useful insights throughout each stage of the vendor management lifecycle.
In this practical webinar, you will learn about the fundamentals for the management of third-party privacy and security risk.
Upon course completion, you will be able to:
- Recognize that third-party risk is a critical risk
- Assess and identify improvements to third-party risk governance frameworks for data processors
- Address privacy and security by outlining crucial issues to resolve for third-party risk management