Managing Vendors’ Data Privacy Compliance
According to Accenture’s Annual Cybersecurity Report, organizations face 22 security breaches per year on average, and the total average cost per attack is $380,000 per incident. An analysis conducted by the SANS Institute found that up to 80% of data breaches originate in the supply chain. With data privacy regulations such as GDPR & CCPA taking effect, procurement leaders need to know how their vendors collect and share personal data, understand data privacy risks in their supply chain, thoroughly vet vendors’ data processing practices and renegotiate contract terms if needed, all of which requires clear knowledge of what’s in their agreements to avoid slowing down the business.
Join guest speakers from DocuSign and Accenture to learn:
How data privacy laws such as GDPR and CCPA impact procurement professionals
How procurement leaders can understand and manage vendors’ data privacy requirements going forward
How the work from home environment has impacted data protection practices and what companies can do to ensure vendors comply
How organizations are maturing their vendor data privacy programs