This Thursday, Feb. 19, you’re invited to the second webinar in TRUSTe’s Privacy Insight Series. The webinar will focus on Vendor Management Best Practices and will review how to identify key considerations, requirements and risks when dealing with downstream vendors. Attendees will also be given an actionable checklist for effective program management.
Vendor management is one of the top priorities for privacy professionals in 2015 and vital to a successful ongoing governance, risk and compliance program for any large organization.
“Working with third-party vendors can pose some privacy challenges that companies often struggle to manage,” says Debra Farber, Sr. Privacy Consultant and Product Manager at TRUSTe, who will be co-hosting the webinar with K Royal, Privacy Counsel at Align Technology. “In this webinar, we’ll shed light on how privacy professionals can analyze whether the vendors they work with are complying with current data privacy laws and best practices in order to mitigate any risk.”
The 2014 Vendor Risk Management Benchmark Study conducted by Shared Assessments in collaboration with global consulting firm Protiviti, examined the maturity of organizations’ current vendor risk management programs and found that vendors fail to meet risk-management guidelines and do not invest the resources to meet best practices despite the current regulatory environment.
“Data privacy is an ever-evolving subject, and it’s essential companies and their third party vendors comply with current regulations,” says K Royal, Privacy Counsel at Align Technology. “Often, the level of maturity varies broadly among vendors. Building a relationship with them and having your own processes well-developed goes a long way to establish a healthy and long-term partnership.”
The webinar takes place from 9 a.m.-10 a.m. PT. Register now to set your company off on the right foot for 2015 and streamline the vendor risk management process for your organization.
The Privacy Insight Series features in-person roundtables with industry experts, and webinars touching on of-the-moment privacy topics.