Sharing sensitive data with third parties may be necessary, but it always carries a degree of risk. To use our embedded media player, please install the latest version of Macromedia Flash Player.  Download | Subscribe:  Email |  iTunes |  RSS (What is RSS?)  We may have many friends, but we’re willing to confide only in a few. Why do we choose to share something personal with one person and not with another — and what happens when that person violates our trust? Companies have to make those very difficult decisions every day when they deal with third parties such as contractors, vendors, distributors and licensees. Sharing sensitive data with third parties may be necessary, but it always carries a degree of risk.
Highlights: - Most organizations have implemented programs to evaluate third parties that receive their sensitive data. What risks were these programs designed to address, and how well have these programs performed to date? (1:47)
- What are the differences, in terms of benefits and drawbacks, between compliance-based programs and a risk-based approach? (4:24)
- What kinds of red flags should an organization be alert for when investigating a prospective partner before the contract stage? (18:42)
- New technologies such as Web-based applications are expected to have a significant impact on how organizations safeguard their data in the future. What changes might these new technologies produce? (44:09)
Guests:
Rich Baich, principal, Deloitte & Touche LLP
Nishita Henry, senior manager, Deloitte Consulting LLP
Joni Swedlund, principal, Deloitte Consulting LLP Related Content:
Transcript: Playing It Safe: How to Protect and Share Sensitive Data with Third Parties
White Paper: Safeguarding Data … Beyond Your Walls
Your Issue: Information Management
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