News & Analysis as of

Vendors Risk Management

Shipman & Goodwin LLP

AI in the Factory: What Manufacturers Must Consider

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As generative artificial intelligence and machine learning continue their rapid rise in popularity and uses in business operations, manufacturers are faced with how to implement AI in a manner that allows them to take...more

Jackson Lewis P.C.

Harnessing AI Under ERISA: A Compliance and Oversight Guide for Retirement and Health Plan Fiduciaries

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It is increasingly evident that artificial intelligence (AI) is reshaping all facets of business, and its impact on employee benefit plans is no exception. From automating plan administration to personalizing participant...more

Morrison & Foerster LLP

FTC Looks to Leverage PADFAA Enforcement to Help Limit Exposure of Consumer Data

In recent comments, Commissioner Holyoak signaled that the Federal Trade Commission will prioritize enforcement of the Protecting Americans’ Data from Foreign Adversaries Act (PADFAA), a law that empowers the FTC to police...more

McCarter & English, LLP

Don’t Get Caught in Scattered Spider’s Web

The cybercrime group known as Scattered Spider is at it again, according to Google’s Threat Intelligence Group. This criminal group is known to focus its cyber attacks on one sector at a time. Last spring, it was the retail...more

Fisher Phillips

AI Call-Monitoring Lawsuits Are Heating Up: 5 Steps Your Business Can Take to Minimize Risk

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A new lawsuit just filed against an AI software provider offers a clear warning for any business using artificial intelligence to monitor or record customer service calls. On June 13, a California plaintiff filed a federal...more

Foley & Lardner LLP

HIPAA Risk Analyses for Digital Health: Navigating AI, M&A and Vendor Diligence

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Share on Twitter Share by Email Share Back to top HIPAA Security Risk Analyses (SRAs) should be the foundation of every digital health company’s cybersecurity compliance. Far more than a checkbox exercise, a comprehensive SRA...more

Loeb & Loeb LLP

In Our "Wellness Retreat" Era. But First, the Paperwork.

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These days, the explosive growth of the wellness industry—fueled by increased consumer interest in healthy lifestyle choices—presents a prime opportunity for brands to showcase their offerings through “wellness retreats” with...more

Venable LLP

Smoothing Privacy Contracting: Six Ways to Reduce Friction in Data Processing Agreements

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Negotiating a data processing agreement (DPA) is typically a necessary step when engaging vendors that handle personal data. However, these negotiations have become time consuming and complex, given the evolving privacy...more

Fox Rothschild LLP

Hot Topics & Higher Prices: Tariffs Take the Stage at IFA Legal Symposium

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Tariffs may seem like a headline reserved for economists and politicians, but at last week’s International Franchise Association (IFA) Legal Symposium in Washington D.C., they were front and center in nearly every room. From...more

Accelerynt, Inc.

Trapped in the Vendor Web: When More Vendors Can Mean Less Security

Accelerynt, Inc. on

More vendors were supposed to mean more protection. The thinking was simple: pick the best in every category—endpoint, identity, SIEM, automation—and assemble a flexible, layered defense. But over time, that flexibility...more

Mitratech Holdings, Inc

The Vendor Onboarding Process: Keys to Success

What Is Vendor Onboarding? Vendor onboarding is the process of establishing a company as an approved provider of technology, goods, or services to your organization. It’s also an essential early step in the vendor risk...more

Integreon

DORA Compliance Part 2: Addressing Compliance Across Critical Operational Areas

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Introduction to DORA and its Implications - As of Jan.17, 2025, the European Union’s Digital Operational Resilience Act (DORA) became enforceable. This new regulatory framework significantly impacts financial institutions and...more

Integreon

DORA Compliance Part 1: Proactively Meeting DORA Supply Chain Resilience Obligations

Integreon on

Introduction to DORA and its Implications - As of Jan.17, 2025, the European Union’s Digital Operational Resilience Act (DORA) became enforceable. This new regulatory framework significantly impacts financial institutions and...more

Ankura

Internal Control Lessons Learned from Global Anti-Corruption Enforcement in 2024

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2024 saw another strong year of Foreign Corruption Practices Act (FCPA) enforcement actions from the United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). There were 15 resolutions with...more

Mitratech Holdings, Inc

How to Automate Vendor Risk Management

Learn how automating third-party risk management (TPRM) can enhance efficiency, security, and compliance and help businesses proactively address vendor risks....more

Polsinelli

AI for GCs: What You Need to Know in 2025

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During the course of 2024, interest in generative and other types of artificial intelligence, machine learning and predictive applications and services (collectively, AI) accelerated across industries. Some sectors, such as...more

Mitratech Holdings, Inc

Red Flags In Your Vendor’s Business Continuity Plan

Ensure your vendors are crisis-ready by recognizing these key indicators of weak continuity planning. The interconnected nature of modern business means that your vendors’ operational resilience can, and frequently does,...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

Mitratech Holdings, Inc

5 Steps for Evaluating Your Legal Tech Stack for the New Year

A Strategic Guide for Legal Departments to Optimize Their Technology Stack and Drive Efficiency in 2025 - The start of a new year brings a fresh opportunity to take stock of what’s working and what’s not – especially when...more

Amundsen Davis LLC

Bringing AI Out of the Shadows: How to Manage the Use of AI in Your Workplace

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Artificial intelligence (AI) is everywhere these days, including your workplace. While there is no one-size-fits-all AI policy that will work for every company, here are our general thoughts about how employers can...more

Conn Kavanaugh

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

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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

Jackson Lewis P.C.

FAQs for Schools and Persons Affected By the PowerSchool Data Breach

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A massive data breach hit one of the country’s largest education software providers. According to EducationWeek, PowerSchool provides school software products to more than 16,000 customers, largely K-12 schools, that serve 50...more

U.S. Legal Support

Top Record Retrieval Trends in 2024

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While record retrieval may sound like a straightforward task, legal professionals know it’s a complex, time-consuming process involving multiple entities, layers of rules and regulations, and security concerns (which...more

Jackson Lewis P.C.

Tips for Vacation Rental, Property Mgmt. Businesses Facing Vendor Cybersecurity Risk

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No organization can eliminate data breach risks altogether, regardless of industry, size, or even if the organization has taken significant steps to safeguard their systems and train employees to avoid phishing attacks....more

NAVEX

[Webinar] Global Supply Chain Risk – How well do you know your vendors? - November 13th, 10:00 am - 10:45 am PST

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Uncover hidden vulnerabilities and protect your business. In today’s interconnected world, supply chain disruptions can severely impact your business. Are you confident in your supply chain’s resilience? Do you fully...more

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