One of the most important considerations in cybersecurity does not involve your own direct network security. It is third-party risk management of your partners and vendors. When it comes to cybersecurity, your company’s defenses are only as strong as the weakest link in the corporate vendor chain. The ease, convenience, and cost-effectiveness of outsourcing certain business functions can frequently overshadow the potential pitfalls lurking in using outside third-parties and vendors.
XPAN Law assists clients in every industry, regardless of company size, to analyze and evaluate vendor risks. Our team assists clients in every industry to address the sometimes overwhelming issues surrounding third-party vendor and supply chain management. Our experience allows us to provide the appropriate guidance to clients to navigate this complicated terrain and make it manageable from a business and organizational level. XPAN Law uses its global knowledge and experience to address vendor compliance with the European Union’s General Data Protection Regulation (“GDPR”), the California Consumer Privacy Act (“CCPA”), the California Privacy Rights Act (“CPRA”), and the Health Insurance Portability and Accountability Act (“HIPAA”), along with other federal and state regulatory schemes that require vendor management. Our attorneys regularly negotiate Data Processing Addendums and Standard Contractual Clauses to ensure our clients are able to withstand legal scrutiny surrounding data transfers and are well-positioned to defend, and potentially avoid, costly litigation down the road.
XPAN Law partners with technology companies to conduct vendor audits and properly inform our clients on vendor and supply chain risks. We have the technical fluency to bridge with the legal assessment. XPAN Law uses this advantage to power action and allows our clients to have a clear understanding of their risks and how to mitigate them.