Capco and OneTrust are excited to share insights from our recent webinar and Q&A session:

Reinventing Third-Party Risk Management: Privacy by Design

THURSDAY, NOVEMBER 14 | 2 PM EST | ZOOM

Third-Party Risk Management (TPRM) has long been viewed as a compliance-driven checkbox activity, but the landscape is evolving rapidly. With the rise of data protection laws, such as GDPR, CPRA, DORA, and the SEC's Cybersecurity Disclosure Rules, plus growing regulatory scrutiny and stricter contractual obligations around personally identifiable information (PI) have driven the need for a more rigorous and holistic approach. This evolution has pushed organizations to reconsider TPRM as an essential vector within Privacy by Design (PbD) frameworks, though it is traditionally overlooked in both classic TPRM and PbD methodologies.  
 
Our panel of industry experts offers unique perspectives on rethinking TPRM beyond legacy measures of compliance, with practical, data-centric recommendations that can elevate your risk management strategy to new heights.  
 
Key Highlights Included:  

• Under current regulations, privacy by design requires input from a diverse set of stakeholders. Organizations should partner with service providers aligned with their security and privacy goals and collaborate on privacy controls before sharing data.
  
• Privacy by design and TPRM are interdependent processes – as financial institutions increasingly rely on service providers, managers must address the risks associated with sensitive data sharing and develop mitigation strategies to protect their company's legal interests, brand reputation, and customer privacy.
  
• Automating the TPRM process streamlines risk assessments, enables real-time vendor monitoring to identify emerging threats and risks, and facilitates proactive, coordinated responses.

Event Details:  

• Date: Thursday, November 14 
  
• Time: 2 to 3 PM EST

To discuss the webinar topics in more detail or learn how Capco can best support you, please do not hesitate to reach out to Glenn Kurban at Glenn.Kurban@capco.com.