DVV Solutions: Missing the point – should cyber insurance cover GDPR fines?

News Article - 05/11/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

The interesting debate around whether GDPR fines should be covered within corporate cyber insurance policies has raised its head again. See Law360’s GDPR Fines...

Mind the (risk intelligence) gap!

Resource - 09/08/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance, Practice Management

Article by Sean O'Brien, director at DVV Solutions

If GDPR hasn’t raised the stakes and drawn attention to the risks in the data supply chain then maybe nothing will.

The mix of media attention, ICO updates and...

Mind the (risk intelligence) gap!

Resource - 09/08/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance, Practice Management

Article by Sean O'Brien, director at DVV Solutions

If GDPR hasn’t raised the stakes and drawn attention to the risks in the data supply chain then maybe nothing will.

The mix of media attention, ICO updates and...

Turning the third party risk tables – from assessor to the assessed!

Resource - 26/07/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance, Practice Management

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

A common question I receive from clients as part of Third Party risk management (TPRM) program development is the best way to manage the inbound requests to...

Industry interview: Late to the third-party?

Resource - 07/06/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Technology

By the time you read this sentence, the European Union’s General Data Protection Regulation (GDPR) will finally have been actioned and be in full effect. Law firms, like everyone else, are now required to demonstrate effective processes in...

GDPR – not long to go. Have you addressed third-party data processor risks?

Resource - 08/05/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance, Technology

On May 25th 2018 the biggest change to data protection law in 20 years will kick in. The EU General Data Protection Regulation (GDPR).

You know the risks. Any breach of Personally Identifiable Information (PII) can result in...

Data protection and GDPR health check

Resource - 03/05/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

You must make the best use of today's digital information to deliver the optimal level of service and support to your customers. In a climate where all forms of data are becoming more and more valuable for clients, customers and malicious...

A comprehensive approach to third party risk management

Resource - 09/04/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

What is driving the thinking behind the next generation of Third Party Risk Management programs and platforms?

What does a comprehensive and best-practice approach to Third Party Risk Management look like?

How can you and your Third...

What your annual third party risk assessment ISN’T telling you

Resource - 28/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

The 2017 Ponemon Cost of Data Breach Survey found that 63% of companies don’t have plans to update their Third Party risk assessments on an ongoing basis.

If you rely only on one-time assessments you risk missing...

10 best practices for reducing third party risk

Resource - 27/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

The simple truth is that the security measures organisations put in place are not enough to protect them from threats of Third Party risk.

Third Parties can present the greatest...

Is it time for the Evidence Sharing Network to shine in TPRM?

Resource - 22/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Practice Management

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

A few thoughts on the “Evidence Sharing Network” model. I’m pleased to say that the seven key steps for establishing a cost-effective Third-Party risk management (...

Why EVERYONE needs to be concerned about vendor security

News Article - 13/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

We are continuing to learn more about the breach at Larson Studios which resulted in the release of 10 episodes of Orange Is The New Black (OITNB) as well as...

Third party risk rating during on-boarding

Resource - 13/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

Including Third Party risk rating as a strategic part of a robust risk management program provides the opportunity for early identification of the wide range of issues that...

Seven stages to vendor risk management

Resource - 08/03/2018 : GDPR risk, Supplier risk assessment, Supplier risk management, Third party due diligence, Third party risk, Risk & Compliance

ARTICLE BY SEAN O'BRIEN, DIRECTOR AT DVV SOLUTIONS

A few thoughts on Vendor Risk – one of the key problem areas of enterprise risk management is vendor risk. Managing hundreds to thousands of vendors, suppliers,...