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Legal developments in data, privacy, cybersecurity, and other emerging technology issues
Posts in Vendor Management.
In late 2020, a sophisticated adversary used the SolarWinds Orion Platform to plant covert backdoors in the networks of thousands of companies and government agencies. The attack confirms the importance of vigorous third-party risk management. Last month, the New York State Department of Financial Services (“NYDFS”) issued a report on the SolarWinds attack and provided the following steps that companies can take to reduce supply chain risk:
Topics: NYDFS, Vendor Management