Cloudy with a Chance of Legal Action: Managing Cyber Risks in an Increasingly Outsourced World
In modern company networks, the Cloud is everywhere, and the ability to assess potential liability threats has never been more important. Companies increasingly engage outside vendors and third-party service providers to assist with key aspects of their operations including payment platforms, customer relations management, information technology, and data storage, to name a few. As Cloud security continues to find its footing in this ever-evolving space, businesses must learn how to outsource functions while effectively managing cyber risk through vendor due diligence, protective contractual provisions, and appropriate internal processes and training.
Known and unknown disruptive technologies challenge even the best programs. Key takeaways will include:
- What is the legal landscape relating to the Cloud
- Lessons learned from litigation experience
- What steps should be taken as to governance and compliance to mitigate future of Cloud risks.