Resources

As a follow up to our sponsored whitepaper with CeFPro, Improving Third-Party Risk Management Programs to Optimize Operations, we hosted a webinar panel featuring industry experts to discuss our report findings and what is being done in the field to address these challenges.

Retailers around the world outsource key operations to service providers. However, this creates significant risks when those operations involve payment processing.

Many organizations struggle to vet their third parties, and often have little insight into which vendors are in use, what data is involved, and how third parties are using it. And without automation, assessments go unfinished and records are often lost in out-of-date spreadsheets and buried in email.

With increasing obligations to assess third parties, organizations are constantly chasing vendors to get assessments completed. This chasing takes an enormous amount of time and consumes valuable resources that are better spent working on more important challenges. 

In working with more than 3,000 companies across  their privacy and security compliance program,  we’ve  heard one question more than any other: “How do I keep my data map up to date?”  To overcome this challenge, OneTrust Data Inventory & Mapping technology integrates with the OneTrust Vendorpedia platform to automate record keeping.