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Vendors Third-Party Liability

Polsinelli

Mitigating Your Greatest Data Privacy Risk

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Third-party vendors pose a significant risk - The greatest data privacy threat to companies is commonly thought to be that company’s employees. While employees can be a threat, the majority of data breaches and ...more

Kramer Levin Naftalis & Frankel LLP

Cybersecurity: the SEC Provides Guidance on Well-Known and Emerging Best Practices

At the end of January, the U.S. Securities and Exchange’s Office of Compliance Inspections and Examinations (OCIE) released its “Observations on Cybersecurity and Resiliency Practices” (Observations)....more

McDermott Will & Emery

A Sale, or Not a Sale? The Digital Advertising Debate

The California Consumer Privacy Act (CCPA) requires businesses who engage in “sales” of “personal information,” to offer consumers the right to opt out of such sales via a “Do Not Sell My Personal Information” link or button...more

The Volkov Law Group

Episode 120: Interview of NAVEX Global Third-Party Risk Officials: Chris Bailey and Stephen Gooding

The Volkov Law Group on

Global companies face extraordinary risks through their reliance on third-party agents, distributors, consultants and vendors/suppliers. Federal prosecutors and regulators have had a record year in FCPA and sanctions...more

Thomas Fox - Compliance Evangelist

The Dutch Tulip Bubble and Internal Controls for Third Parties

Internal controls are a key tool to operationalize your third-party risk management program. The basic internal controls, that should be a part of any financial controls system. There were four significant controls the...more

BCLP

CCPA Privacy FAQs: Is a Service Provider Responsible if its Client Violates the CCPA?

BCLP on

No. In order to be considered a “service provider” for the purposes of the CCPA, a vendor must be bound by a written contract that prohibits it from...more

Robinson+Cole Data Privacy + Security Insider

Choice Hotels Contacts 700,000 Customers About Data Breach Caused by Vendor

In another example of a data breach allegedly caused by a vendor, Choice Hotels is contacting approximately 700,000 of its customers regarding a data breach caused by a third-party vendor that “copied the impacted data from...more

Womble Bond Dickinson

Response Options For Businesses With Sensitive Data Breaches

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Your heart raced when the caller on the phone identified himself as an FBI agent. But the conversation was matter-of-fact. About 2,500 sets of credit card information from your clients had been posted for sale on a...more

Seyfarth Shaw LLP

Liability for Data Breach Involving Employee Information: Even the Federal Government and Third Party Vendors Are Not Immune

Seyfarth Shaw LLP on

In what is quickly becoming the newest trending topic in class action litigation, another class action has been filed alleging the disclosure of employee personally identifiable information due to a cyber attack. This...more

Foley Hoag LLP - Global Business and Human...

Human Trafficking and Government Procurement: New Requirements for U.S. Federal Contractors

On January 29, the U.S. Government released a final rule establishing new anti-human trafficking requirements for U.S. government contractors. The rule amends the Federal Acquisition Regulation (“FAR”) and seeks to strengthen...more

Orrick - Trade Secrets Group

Trade Secrets And 3rd Parties: Litigation Traps To Avoid

Many companies have developed trade secrets policies to protect their valuable information, but even forward-thinking companies may not have internal controls to avoid liability as third parties to alleged trade secret...more

NAVEX

Choosing the Right Vendor Risk Management Software Solution

NAVEX on

Traditionally, performing third party due diligence has been primarily a data gathering activity. Now, with access to abundant information sources, the activity—and the challenges—have evolved. How do you manage and...more

Troutman Pepper

The New Normal: Taking Responsibility for Your Vendors

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As financial institutions continue to strive for reduced costs and greater efficiencies, they are increasingly turning to third-party vendors to handle a wide variety of tasks, from marketing and sales to payment processing....more

Troutman Pepper

The New Normal: Taking Responsibility for Your Vendors

Troutman Pepper on

As financial institutions continue to strive for reduced costs and greater efficiencies, they are increasingly turning to third-party vendors to handle a wide variety of tasks, from marketing and sales to payment processing....more

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