The research shows that about 75% of companies do not even have a complete inventory of all third-party vendors, and only half regularly assess their vendors." - Marty Provin, Executive Vice President, Jordan Lawrence
St. Louis, MO, October 5, 2016 (PRWEB) October 07, 2016
Jordan Lawrence, the leading provider of records management and information governance solutions and long-time Association of Corporate Counsel (ACC) Alliance Partner will facilitate a discussion on the importance of third-party risk management processes in the era of outsourcing. The event will take place at the ACC’s Annual Meeting in San Francisco on October 18th from 4:00-4:30pm.
Vendor diligence is a critical topic for in-house counsel as companies rapidly shift to outsourcing services. A recent report from the ACC Foundation found that only 7% of in-house counsel are very confident that their third-party vendors are protecting the company from cybersecurity risks.
This session will highlight the risks created by third parties, the importance of vendor diligence, and key strategies to reduce risks related to vendors.
“30% of all data breaches are attributable to third-party vendors. The research shows that about 75% of companies do not even have a complete inventory of all third-party vendors, and only half regularly assess their vendors. This creates huge risks that led to some of the most highly publicized data breaches you’ve seen in the last few years.” – Marty Provin, Executive Vice President, Jordan Lawrence.
This presentation will feature Matt Jordan, Special Services Manager at Jordan Lawrence. Attendees will see a brief demo of Jordan Lawrence’s Vendor Risk Assessment service, which enables organizations to assess all vendors comprehensively and defensibly at a fraction of the cost and time of any viable alternative.
ABOUT JORDAN LAWRENCE
For nearly 30 years, Jordan Lawrence has redefined how organizations across the globe address critical data privacy, information security and records management issues. We leverage deep experience with over 1,000 clients, industry-specific benchmarking and innovative service delivery technology to help organizations of all sizes manage records and information compliantly, defensibly and cost-effectively.
For more information about Jordan Lawrence and to learn more about our services, visit http://www.jordanlawrence.com or call us at 636-821-2222.
The Association of Corporate Counsel (ACC) is a global bar association that promotes the common professional and business interests of in-house counsel who work for corporations, associations and other private-sector organizations through information, education, networking opportunities and advocacy initiatives.