Broadcast Date: Tuesday, March 22, 2022
from 12:00 pm to 1:00 pm (ET)
Overview:
Today’s digital landscape has opened vast opportunities for companies to rely on third-party software and applications when it comes to important business transactions. However, the onset of the remote workforce arrangements has instigated a surge of changes and disruptions in the way businesses deliver their services to their clients. These changes posed higher level risks and compromised sensitive data across industries, including the financial sector.
Establishing an effective third-party risk management (TPRM) program has become vital now more than ever and businesses are called to align their TPRM practices with the most updated regulations to mitigate risks.
Join a panel of practitioners and TPRM thought leaders assembled by The Knowledge Group as they delve into an in-depth analysis of the current trends involving third-party risk management. The speakers, among other things, will provide financial institutions with tips and best practices to strengthen and structure their TPRM programs in a rapidly evolving digital landscape.
In a LIVE Webcast, the speakers will discuss:
- Third-Party Risk Management (TPRM): Nuts and Bolts
- Trends and Developments
- Recent Third-Party Breaches
- Structuring Effective TPRM for Financial Institutions
- Best Practices and Strategies
- What Lies Ahead
Learning Objectives:
- Understand the different federal and state laws and provisions governing data privacy and security when drafting service provider agreements.
- Identify current trends in third-party risk management and best practices to strengthen and structure organization’s TPRM programs.
Credit:
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
Live Webcast; Group-Internet Based
Prerequisite:
General knowledge of third-party risk management
Course Code:
148777
NY Category of CLE Credit:
Law Practice Management
NASBA Field of Study:
Information Technology – Technical
Total Credit:
1.0 CLE
1.0 CPE (Not eligible for QAS (On-demand) CPE credit)
How to Claim CLE Credits Per State:
https://knowledgewebcasts.com/how-to-claim-cle-credits-per-state/
CLE State Requirements:
https://knowledgewebcasts.com/cle-state-requirements/
CPE State Requirements:
Speaker Panel:
Melissa Krasnow, Attorney
Certified Information Privacy Professional/US (CIPP/US) and National Association of Corporate Directors (NACD) Board Leadership Fellow
VLP Law Group LLP
Melissa Krasnow is a partner at VLP Law Group LLP based in Minneapolis (recognized by Who’s Who in America, Women in Law – Minnesota, for 2021). VLP is a BTI Cybersecurity Standout 2020 – Leading Cybersecurity & Data Privacy Law Firm (Cybersecurity Standout in State & Local Regulations and distinguished Cybersecurity firm in four separate areas)). Her practice includes privacy and data security law (including California Consumer Privacy Act (CCPA)/California Privacy Rights Act (CPRA), Colorado Privacy Act (CPA) and Virginia Consumer Data Protection Act (VCDPA)), financial service law, Health Insurance Portability and Accountability Act (HIPAA) and European Union General Data Protection Regulation (GDPR) and related contract requirements.
Sandeep Bhide, Vice President, Product Management
ProcessUnity
Sandeep has spent over 15 years in enterprise B2B SaaS software companies with deep and broad experience in product management and software engineering. Before ProcessUnity, Sandeep led GEP’s sourcing, supplier and third-party risk management products for 2 years. Prior to that he led the third-party risk and performance management product at Coupa (Hiperos) for nine years.
Sandeep is responsible for keeping the pulse on current and emerging needs in the third-party management market and delivering high-value product capabilities and solutions that help ProcessUnity’s customers and maintain its leadership position.
Agenda:
Segment 1:
Melissa Krasnow, Attorney
Certified Information Privacy Professional/US (CIPP/US) and National Association of Corporate Directors (NACD) Board Leadership Fellow
VLP Law Group LLP
- Programs
- Service provider contracts
- Federal and state data security laws
Segment 2:
Sandeep Bhide, Vice President, Product Management
ProcessUnity
- Incorporate automation to reduce cycle time and agility;
- Effective calculation of the inherent risk of a product/service and consequent auto-scoping of due diligence roster;
- Incorporate industry-standard questionnaires into assessment processes;
- Improve vendor response rates and submission quality by reducing vendor fatigue;
- External content and ratings to assist in ongoing vendor monitoring.
Date & Time:
Tuesday, March 22, 2022
12:00 pm to 1:00 pm (ET)
Who Should Attend:
- Vendor Risk Managers/Officers
- Compliance Managers/Officers
- Information Technology Officers
- VPs/Directors/Managers of IT
- Chief Risk Officers
- Risk Management Executives
- Chief Compliance Officers
- Chief Information Officers
- Chief Operating Officers
- Risk Analysts
- Business Analysts
- Internal Auditors
- Corporate Lawyers
- General Counsel
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