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When Trust Breaks: Auditing the $300M Third-Party Liability Cap

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Manage episode 516223450 series 3604885
Content provided by CISO Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CISO Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Third-party relationships expose organizations to major threats across operational, strategic, and legal risk areas, including the significant danger of reputational damage and the potential for loss of intellectual property. Recent managed service provider (MSP) cyberattacks have resulted in catastrophic financial devastation, demonstrating that an organization cannot escape blame when a vendor fails. We analyze essential contractual controls—such as clear termination conditions, robust indemnification clauses, and the critical right to audit—that serve as the foundational mechanism for mitigating catastrophic liability exposure.

Sponsors:

www.cisomarketplace.com

https://vrm.cisomarketplace.services

  continue reading

313 episodes

Artwork
iconShare
 
Manage episode 516223450 series 3604885
Content provided by CISO Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CISO Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Third-party relationships expose organizations to major threats across operational, strategic, and legal risk areas, including the significant danger of reputational damage and the potential for loss of intellectual property. Recent managed service provider (MSP) cyberattacks have resulted in catastrophic financial devastation, demonstrating that an organization cannot escape blame when a vendor fails. We analyze essential contractual controls—such as clear termination conditions, robust indemnification clauses, and the critical right to audit—that serve as the foundational mechanism for mitigating catastrophic liability exposure.

Sponsors:

www.cisomarketplace.com

https://vrm.cisomarketplace.services

  continue reading

313 episodes

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