Privacy and Security Provisions in Vendor Agreements

Vendors are favorite targets of hackers, and they pose unique regulatory and civil litigation risks. The fifth article series in our issue on data transfers covered a recent Strafford seminar featuring Davis Polk attorneys. In the first installment of the series, we detailed the current risk environment, provided guidance on vendor risk assessment and due diligence, and discussed underlying considerations when negotiating vendor agreements. In the second part, we addressed critical data privacy and data security provisions in vendor agreements, and key considerations for incident response. 

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