Considerations for Managing Cybersecurity and Privacy Risk in Outsourcing Contracts

Companies must ensure cybersecurity and privacy issues are addressed when establishing new outsourcing arrangements and should continue to monitor those issues as the outsourcing relationship continues. At a recent PLI program, Mayer Brown partner Rebecca Eisner discussed how attorneys and boards of directors can mitigate cyber risk prior to entering such arrangements (including specific contractual terms to consider) and how they can best monitor outsourcing providers during the relationship. See also our two-part series on vendor risk management “Nine Due Diligence Questions” (May 25, 2016), and “14 Key Contract Terms” (June 8, 2016). 

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