Compliance is _____________.
“Getting in the way of our innovation efforts.” “Making the time to close vendor deals 2x what it used to be.” “Impacting my productivity.” “Too inconsistent – I’m not sure what applies or if we are applying it correctly or consistently.” We’ve surveyed over 200…
It’s Time to Say Goodbye to Spreadsheets
To be clear, I love spreadsheets. I couldn’t live without them for things like my family budget, address lists, mailing labels, or a place to keep track of guests invited to an upcoming event. But, and this is a big but, spreadsheets fall significantly short…
14 Must-follow Encryption Standards When Handling Confidential Information with Vendors
Your vendors should implement robust encryption practices with respect to confidential information. Examples of best practices include: 1. Passwords and trade secret information should be encrypted in transmission and at rest. 2. Data should be encrypted if required by law using a solution…
9 Vendor Compliance Questions Your Company Should Be Asking
Vendor partnerships are the lifeline to innovation for enterprise. Whether it’s bringing in fresh, third-party technology that will provide a strategic competitive advantage, or outsourcing routine tasks so that talent can focus on key objectives—vendor partnerships are crucial. But today’s complex compliance environment is getting…
Vendor Risk: 11 Compliance Requirements for External Audits
A company should have the right to audit evidence of controls to verify compliance with its security requirements, applicable controls, and other contractual agreements. Vendors should preserve and produce, upon request, copies of data relevant to the services provided to customers. Audit rights should include…
5 Compliance Management Controls ALL Vendors Should Follow
1. Vulnerability Management Vendor shall implement proactive technical and organizational controls to prevent, detect, and remediate vulnerabilities. Best practices for vulnerability management controls include: Vendor should have a policy and process in place to identify and remediate vulnerabilities in a timely manner. Vulnerability management includes infrastructure,…
IT Security: Are Your Vendors Following These 5 Compliance Controls?
1. Password Controls It is important to make sure that as a vendor you implement the necessary technical and organizational controls to ensure that your customer’s information, in any form, is protected from unauthorized access, modification, disclosure or deletion, and complies with all applicable laws…
