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Cybersecurity › Third-Party Service Provider › Risk Mitigation

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +
Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now.   less -
Ogletree, Deakins, Nash, Smoak & Stewart,...

New York State Department of Financial Services Releases Guidance on Combating Cybersecurity Risks Associated With AI

Ogletree, Deakins, Nash, Smoak & Stewart,... on

On October 16, 2024, the New York State Department of Financial Services (NYDFS) released guidance highlighting the cybersecurity risks associated with artificial intelligence (AI) and how covered entities regulated by NYDFS...more

Baker Donelson

Best Practices for Protecting Operations from Vendor's Cyber Incidents

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In the aftermath of a vendor's hack that crippled an industry, ensure your business is up to date on best practices for mitigating the risks of third-party cyber incidents. Many businesses struggle to adequately consider the...more

Esquire Deposition Solutions, LLC

Actionable Advice When Sharing Client Data with Vendors

Esquire Deposition Solutions, LLC on

We’ve previously written on the need for law firms to scrutinize the data security protections in place at all third-party vendors who have access to client confidential information. Clearly, that’s still good advice....more

Mayer Brown

EU Cyber Legislation Puts Emphasis on Board Responsibility

Mayer Brown on

What is a Management Body? Under both DORA and NIS2, a management body can be a body with managerial and/or supervisory functions. The powers and structure of management bodies vary within the EU Member State, and managerial...more

Mitratech Holdings, Inc

Compliance Down Under: Understanding Australian Regulation CPS 230

Mitratech Holdings, Inc on

The Australian Prudential Regulation Authority (APRA) released Prudential Standard CPS 230 in March 2017. At a glance, the regulation aims to strengthen the cybersecurity resilience and operational risk management of the...more

Parker Poe Adams & Bernstein LLP

The Increasing Importance of Cybersecurity Readiness in the Municipal Bond Market: How Public Institutions Can Respond

Parker Poe Adams & Bernstein LLP on

In today's evolving world of security and data privacy, K-12 schools, universities, local governments, and hospitals are increasingly finding themselves on the same list: vulnerable to the threat of a cyberattack....more

Ervin Cohen & Jessup LLP

Insure Against Data Breaches Suffered By Vendors and Service Providers

Ervin Cohen & Jessup LLP on

Over the last several years several companies, including Marriott, Yahoo and Volkswagen, have been victimized by hackers breaking into a company’s computer network. In some cases, they have put confidential information on the...more

Sheppard Mullin Richter & Hampton LLP

Fed Reports on Cybersecurity and Financial System Resilience

Sheppard Mullin Richter & Hampton LLP on

Recently, the Federal Reserve Board (Fed) published its annual Cybersecurity and Financial System Resilience report describing measures it has taken to strengthen cybersecurity in the financial services sector, including the...more

Ervin Cohen & Jessup LLP

Mitigating a Company’s Liability When a Data Breach Is Suffered by a Vendor or Service Provider

Ervin Cohen & Jessup LLP on

Data breaches by large companies have been in the news for some time. Over the last several years several companies, including Marriott, Yahoo and Volkswagon, have been victimized by hackers who have broken into a company’s...more

Mitratech Holdings, Inc

What is a Vendor Risk Assessment?

Mitratech Holdings, Inc on

We recently dove into what vendor risk and vendor risk management entails. Once you understand that this is the risk that results from vendors, it’s simple to extend this and establish that vendor risk assessment (VRA), or...more

Mitratech Holdings, Inc

What is Vendor Risk & Vendor Risk Management (VRM)?

Mitratech Holdings, Inc on

Vendor risk management (VRM), or third-party risk management, is the management, monitoring, and evaluation of risks that result from third-party vendors and suppliers of products and services. It’s a crucial initiative...more

Robinson+Cole Data Privacy + Security Insider

2021 Project: Update Vendor Contracts

Robinson+Cole Data Privacy + Security Insider on

Among many other things, 2020 has been the year of vendor security incidents and data breaches. More than ever, we have responded to incidents for clients that were caused not by the client, but by a third-party vendor....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Data Breach in Brief: Knowing the Risks and Protecting Your Company

Ogletree, Deakins, Nash, Smoak & Stewart,... on

Data breaches continue to be an unfortunate risk that companies face with increasing frequency. In this podcast, Rebecca Bennett, Stephen Riga, and Justin Tarka discuss data breaches from both a U.S. and EU perspective,...more

Robinson+Cole Data Privacy + Security Insider

Power Company Fined for Contractor Copying Data to its Own Insecure Network

Robinson+Cole Data Privacy + Security Insider on

Vendor management continues to be a problem for all industries, but some are scarier than others. The North American Electric Reliability Corp. (NERC) recently provided notice to the Federal Energy Regulatory Commission...more

Perkins Coie

Give Your Customers the Gift of Security

Perkins Coie on

2017 has reminded us that data security threats continue to evolve and that the stakes for companies can be very high if their data security programs fail to evolve as well. Before the recent announcement of Equifax’s...more

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