News & Analysis as of

SaaS Risk Management

Venable LLP

Service-Level Agreements for Online or Cloud-Based Arrangements

Venable LLP on

Negotiating a service-level agreement sets clear expectations of each party's roles and responsibilities within online or cloud-based service arrangements. A service-level agreement (in particular, a "customer service-level...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #434 – Use of GenAI Tools Escaping Corporate Policies

According to a new LayerX report, most users are logging into GenAI tools through personal accounts that are not supported or tracked by an organization’s single sign on policy. These logins to AI SaaS applications are...more

Harris Beach Murtha PLLC

Have a SaaS Contract in Place? You May Need an AI Addendum

Virtually every business has signed an agreement with a software as a service (“SaaS”) provider at one time or another. And now, virtually every SaaS provider (it seems, at least) is coming out with an AI-related feature or...more

Conn Kavanaugh

Three Things You Should Know About Service Level Agreements in SaaS/Cloud Contracts

Conn Kavanaugh on

When a customer purchases software-as-a-service (SaaS)–which is sometimes called a “cloud” service or product–the software is not hosted. It does not reside at the customer’s location or data center. Rather the software is...more

Baker Donelson

Best Practices for Protecting Operations from Vendor's Cyber Incidents

Baker Donelson on

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

The Volkov Law Group

Episode 326 -- Dottie Schindlinger on Diligent's Report on Board Oversight of Cybersecurity Risks and Performance

The Volkov Law Group on

Dottie Schindlinger is Executive Director of Diligent Institute, the global corporate governance research arm of Diligent - the largest SaaS software company in the Governance, Risk, Compliance (GRC), and ESG space. Diligent...more

Ankura

Common Causes of CFIUS Agreement Non-Compliance and Enforcement Risk

Ankura on

Following the update to the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) Enforcement and Penalty Guidelines, the Committee has continued to signal its intention to more heavily leverage...more

Foley & Lardner LLP

Episode 10: Building the Decarbonized Future with Chris Rezendes of Context Labs

Foley & Lardner LLP on

In our tenth episode, Chris Rezendes, Chief Business Officer from Context Labs, joins Chris McKenna to discuss how digitalization can help companies achieve their climate goals. How is the use of data changing for energy...more

Ankura

What is MDR and How Does it Fit Into Your Security Strategy?

Ankura on

The global cyber threat landscape is rapidly evolving. The number of attacks, threat vectors, and endpoints continues to grow exponentially alongside the average time to detect and respond to a security incident. Today,...more

Mitratech Holdings, Inc

Emerging Cyber Risks in the US & UK

Mitratech Holdings, Inc on

Cyber risk management has significantly escalated in importance, during the last couple of years, as a result of companies overcoming the operational challenges of the pandemic, transitioning to hybrid working, preparing for...more

EDRM - Electronic Discovery Reference Model

[Webinar] Managing Data Related Procedures Inside Corporate! - September 27th, 1:00 pm - 2:15 pm ET

Join us in a unique discussion regarding the cross-functional activities eDiscovery, IT, Compliance, Data Governance, and Security leaders often participate in while managing a large corporation’s information. Tips and tricks...more

Lighthouse

IT at the Helm: Change Management for Cloud-Based SaaS is Key to Minimizing Risk

Lighthouse on

Cloud computing dates to the mid-1990s – so why is this relatively old concept still such a hot topic? Haven’t we figured it all out by now? And isn’t the benefit of today’s SaaS cloud environments that someone else, namely...more

Hanzo

Data Intelligence is the Vital First Step for Legal and Compliance Teams: A Webinar Recap

Hanzo on

Organizations create and share enormous volumes of sensitive information, and with the rise of SaaS applications and collaboration tools, this information can exist in many places: emails, Slack messages, Jira tickets,...more

Mitratech Holdings, Inc

The Impact of SEC’s Proposed New Rules in Cyber Risk Management

A new discourse in the cyber risk management landscape of US public companies is here. This past March 2022, the US Securities and Exchange Commission (SEC) added another item to their to-do list by announcing a...more

Mitratech Holdings, Inc

Operational Resilience for Financial Institutions: Will You Be Ready?

The UK’s Operational Resilience Framework - Financial services regulators have been focusing on the robustness of their chartered institutions for many years. In 2020 the Federal Reserve highlighted the need for enhanced...more

Mitratech Holdings, Inc

Leveraging Enterprise Risk Management for Business Advantage

Enterprise Risk Management (ERM) is not a new discipline. However, its profile has continued to evolve in recent years as organizations overcome the ongoing challenges of today’s ever changing business world....more

Mitratech Holdings, Inc

Cyber Risk Management in 2022: New Challenges and Opportunities

Cyber risk management has undergone a significant change over the last couple of years. What once was the headache of the IT or risk management department is now an issue of considerable interest to the Board and senior...more

Mitratech Holdings, Inc

US Regulators Raise Expectations of Third-Party Risk Management

Mitratech Holdings, Inc on

It takes something significant for all the US Banking Regulators – the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) – to come together to pool...more

Mitratech Holdings, Inc

What’s the OCC Banking Regulatory Outlook for 2022?

As the year’s end approaches, the US Office of the Comptroller of the Currency (OCC), a primary US banking regulator, has published its Banking Supervision Operating Plan for 2022. As you might expect, much of the OCC’s...more

Epiq

Software Escrow: An enterprise resiliency tool every legal department should have in their toolbox (with Don Dennis Jr.)

Epiq on

Jerich Beason is joined by Don Dennis, who is an attorney focusing on copyright and trademark infringement, Internet law, defamation, trade secret misappropriation, data security breach, and privacy law. Jerich and Don...more

Woods Rogers

Colonial Pipeline – A Ransomware Attack Hits Close To Home

Woods Rogers on

If you had never heard of the Colonial Pipeline Company before this week, chances are that you have heard about it now.  Sitting in your car waiting in long lines to fill up at your local gas station hoping they don’t run out...more

Mitratech Holdings, Inc

The Top 10 Vendor Risks & How to Manage Them

Increasing globalization, a heavy reliance on outsourcing, growth of cloud computing, and the transition to digitization and remote work since the COVID-19 crisis have each heightened the regulatory focus on vendor risk...more

Proskauer - New Media & Technology

Work-Outs of Technology and Services Agreements Challenged by COVID-19

In early February 2020, before most of us were truly aware of the implications of COVID-19, a well-respected IT consulting group predicted a $4.3 trillion global spend on information technology in 2020. Drivers of the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2020 #4

Robinson & Cole LLP on

It’s getting difficult to keep up with the jargon of all of the new digital scams. The SaaSes in the beginning became regular business terms, such as Software-as-a-Service (SaaS), and Business Processes-as-aService (BPaaS)....more

Sheppard Mullin Richter & Hampton LLP

Open Source Software Policies – Why You Need Them And What They Should Include

The chances are high that your company uses open source software (“OSS”) in some capacity. While the benefits of OSS are clear, it is also clear that OSS can pose significant legal risks that must be addressed. The best way...more

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