Since the EU's enactment of General Data Privacy Regulation (GDPR) in 2018, the stage has been set for more regulations worldwide, as legislators seek to protect the private data of their constituents. Third-party vendors are cost efficient and help organizations' productivity, but they also present risk. It is therefore understandable that regulations emphasize the importance of properly managing your third-party vendors, as part of the compliance process.
This guide provides a brief overview of nine of the most well-known regulations and explains how they affect you and your third-party vendors, including:
- GDPR (General Data Privacy Regulation)
- CCPA (California Consumer Privacy Act)
- NYDFS (New York Department of Financial Services Cybersecurity Regulation)