More Vendors, More Privacy Problems: Best Practices for Modern-Day Vendor Management
Understanding the vendors you work with and how you work with them is critical to any privacy program. However, as more and more business initiatives are outsourced to the cloud, it can be difficult to understand where personal data is going and how it is being managed. What’s more, a vast array of legal rulings and regulations — including Schrems II, GDPR, CCPA & CPRA, LGPD, among others and more to come — have added a constant stream of complexity when working with vendors. Even the world’s leading privacy programs are struggling to keep up.
With vendor compliance concerns rapidly changing, the question soon becomes: Is our vendor management program designed to keep up?
Ad-hoc vendor assessments and contract updates are the new normal, but when working with dozens of vendors (or even thousands), this cannot scale. In this webinar, we’ll outline a blueprint for building a more adaptable vendor management program that is built to last — all while remaining agile to the ever-changing requirements of global laws and frameworks.
In this recording, we provide an overview of:
- Best practices to streamline vendor assessments and contract updates at scale
- How to build a more agile and future-proof vendor management program
- Tips to collaborate with other teams to gain a holistic understanding of a vendor’s risk
- Tactics to automate record-keeping to demonstrate ongoing privacy compliance