Third Party Risk Management Bundle

Corporations give their law firms more sensitive information than any other type of vendor. Yet surveys show that 70% of companies do not assess the security of their firms and legal service providers. The Association of Corporate Counsel through its 10,000 member companies is looking to change this. Based on a new and innovative model, ACC recently launched its Data Steward Program for assessing and accrediting law firms. Developed through an industry-wide collaboration, this global program is set to be the standard in the legal industry.

Cyberattacks can cost an organization its reputation, its customers and a great deal of money, making CEOs and board members more accountable. Yet, research shows that a high percentage of corporate boards are not actively involved in cybersecurity oversight. Nonetheless, Gartner estimates by 2021, 100% of large enterprises will be asked to report to their board of directors on cybersecurity and technology risk at least annually. When communicating your cybersecurity program to the board, it is important to translate technical, tactical details about cybersecurity into business terms: risks, opportunities and strategic implications. In order to justify the desired cybersecurity expense, you must clearly present the risks, the plan you will implement to protect the company’s assets, and the rationale behind the cost. On this self-study program you will learn how to present cybersecurity to the board and get executive buy-in.

The enterprise cybersecurity landscape is dramatically expanding in scale and complexity, and cyberattacks are growing in magnitude and impact as digital transformation increases on a global scale. From phishing scams, to ransomware attacks, to malicious breaches from state actors, the potential threat to your business is huge.