$989 – $4,589

Critical Vendor Risk Management (com) A

Event Information

Share this event

Date and Time

Location

Location

Irvine

Irvine, CA

View Map

Refund Policy

Refund Policy

No Refunds

Friends Who Are Going
Event description

Description

When organizations outsource critical functions like technology and security solutions, the question on everyone’s mind is: When does our liability for a data breach end, and my vendor’s begin? The answer is not really simple. In most industries, you can contract away a responsibility or task, but not the liability related to compromised data. If your organization was breached today, whose name is going to be in the news? Who are your customers going to call? Who is going to get fined and possibly sued as a result of the breach? The list of questions goes on. At the end of the day, your organization will suffer the negative publicity, the reputation damage, and financial loss of the attack, even if your vendor actually caused your incident. Then there is the other side of the equation – how do you know that your vendor can truly support your organization, perform the tasks you’ve contracted them for, or cover your losses if the breach is their fault?

Vendor risk management and due diligence is something every organization should perform carefully, and there are a number of unique issues when considering the inherent risks associated with outsourced services.

The benefits of outsourcing are attractive for many reasons, but you need to ask yourself: Can you stake your organization’s well-being and financial stability on a vendor? If you answered no, then join us to discover:

Seminar Fee Includes:
Lunch
AM-PM Tea/Coffee
Seminar Material
USB with seminar presentation
Hard copy of presentation
Attendance Certificate
$100 Gift Cert for next seminar
  • Weighing vendor risk and classifying critical / high risk vendors
  • Imperative questions you need to ask your vendors
  • Documentation to gather when outsourcing your technology and/or security solutions
  • The troubles of relying too heavily on cyber insurance
  • The unique ongoing due diligence needs of outsourced technology and/or security solutions
  • Critical contract provisions

This course offers a unique opportunity for attendees to develop critical risk management skills to apply immediately upon returning to the office. This is a fast-paced, highly interactive workshop where attendees will develop a risk profile and risk management strategy using one of their own current or future vendors of choice.

In addition to course materials, attendees will receive a sample profile matrix, critical questions to ask your vendors, a sample checklist of minimum documentation requirements and valuable resources.

What to Bring: The speakers encourage you to bring a highlighter, pen, paper for additional notes, and your questions.

Dress Code: Casual. Be comfortable. You might want to bring a sweater if you tend to get cold easily.

Learning Objectives:

  • Record unique risks of vendors who support an organizations’ technology and/or security solutions
  • List the organization’s unique critical vendors
  • Develop a risk profile
  • Inventory appropriate risk management strategies
  • Assemble a plan for managing vendor risk

Areas Covered:

  • Weighing vendor risk and classifying critical / high risk vendors
  • Imperative questions you need to ask your vendors
  • Documentation to gather when outsourcing your technology and/or security solutions
  • The troubles of relying too heavily on cyber insurance
  • The unique ongoing due diligence needs of outsourced technology and/or security solutions
  • Critical contract provisions

Who will Benefit:

Any individual responsible for managing risk related to outsourcing technology, security, or other services / solutions. Includes, but not limited to:

  • Information Security
  • Information Technology
  • CPAs
  • Operations
  • Accounts Payable
  • Risk Management / Risk Managers
  • Business Continuity
  • Management
Day 01(8:30 AM - 4:30 PM)
  • Registration Process: 8:30 AM – 9:00 AM
  • 09:00 am – 09:30 am: Objectives; introductions; formally establish the agenda with attendee input
  • 09:30 am – 10:15 am: Vendor Risk
    • Types of risks presented by vendors
    • Liability
    • Identifying and profiling critical vendors
    • Critical vendor assessment
  • 10:15 am – 10:30 am: Break
  • 10:30 am – 11:45 am: Risk Management Strategies
    • RFPs
    • Initial and ongoing due diligence
    • Developing a risk profile
    • Questionnaires
    • Certification of Compliance
    • Evidence and documentation
    • Contracts and Service Level Agreements
  • 11:45 am – 12:45 pm: Lunch
  • 12:45 pm – 02:15 pm: Risk Management Strategies Cont’d
  • 02:15 pm – 02:30 pm: Break
  • 02:30 pm – 03:30 pm: Strategies Cont’d
  • 03:30 pm – 04:00 pm: Q&A and Wrap-up
Day 02(9:00 AM - 11:00 PM)
  • 09:00 am – 10:15 am: Risk Management Strategies Cont’d and Group Exercise
  • 10:15 am – 10:30 am: Break
  • 10:30 am – 11:00 am: Group Exercise Cont’d
  • 11:00 am - 11:30 am: Final Q&A, Wrap-up


Rayleen M Pirnie

Rayleen M Pirnie,
CEO, RP Payments Risk Consulting Services LLC

Rayleen is the founder and owner of RP Payments Risk Consulting Services, LLC. based in Missouri. She is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education. Rayleen’s specialized skill is delving into the world beyond the payment rules; areas where organizations often find themselves in positions of liability or loss with little to no clear guidance. She is an Accredited ACH Professional (AAP) who has worked with all payment systems for nearly 20 years. Rayleen also holds a Bachelor’s of Science in Criminal Justice Administration.

Rayleen’s educational programs provide real-world, actionable information for financial institutions and businesses on topics ranging from payments risk management to information security. She authors payments risk and fraud blogs geared toward helping organizations recognize threats and protect themselves from loss.

Karen L Garrett

Karen L Garrett,
Partner, Stinson Leonard Street LLP

Karen L Garrett, a frequent speaker, is a partner at Stinson Leonard Street LLP and Co-Chair of Stinson’s Banking and Financial Services division, and Stinson's FinTech practice group. She advises financial services businesses on payments, third party risk management, regulatory and operations matters, product development, compliance, M&A and other legal issues. Karen represents financial companies in connection with licensing applications and enforcement orders. She has provided legal support for cash management services, electronic transfer transactions, online services, mobile banking, prepaid, debit and credit cards and alternative lending and payments products. Karen is a graduate of the Northwestern University School of Law.


Please contact the event manager Marilyn below for the following:
- Discounts for registering 5 or more participants.
- If you company requires a price quotation.
Event Manager Contact: marilyn.b.turner(at)nyeventslist.com
You can also contact us if you require a visa invitation letter, after ticket purchase.
We can also provide a certificate of completion for this event if required.

NO REFUNDS ALLOWED ON REGISTRATIONS
-----------------------------------------------------------------
This Event Listing is Promoted by
New York Media Technologies LLC in association
with Metricstream Inc.
http://www.NyEventsList.com
http://www.BostonEventsList.com
http://www.SFBayEventsList.com
-----------------------------------------------------------------
MYL170808CEV

Share with friends

Date and Time

Location

Irvine

Irvine, CA

View Map

Refund Policy

No Refunds

Save This Event

Event Saved