Third-party relationships are critical to do business in the modern world. However, increasing your reliance on third parties can expose your business to increased privacy and compliance liabilities. Evolving privacy regulations, including GDPR, and existing security requirements create additional third-party risk complexity and compliance concerns that make third-party risk management (TPRM) a board-level concern.
A mature third-party risk management (TPRM) program enables organisations to reduce privacy-related risks and maintain records for compliance with greater ease while increasing collaboration and visibility across business units, such as security, legal, and procurement.
In this webinar, we’ll discuss how to create a TPRM program that prioritises privacy compliance and simplifies record keeping. Attend to learn how to:
- Identify potential privacy-related third-party risks
- Document third-party privacy controls
- Reduce data sprawl and minimise the risks of cross-border data transfers
- Demonstrate compliance and meet regulatory requirements