Third-Party Risk Management: Best Practices or Requirement

Recorded On: 03/25/2024

In these days of heightened scrutiny, greater pressure is being placed on companies to guide and take accountability for cybersecurity compliance in vendor management, particularly for smaller vendors that are not able to keep up with the latest developments. Learn from our panel of industry experts how increasingly important it is for companies engaging a broad swath of vendors to help support their business by having a risk-based approach to vendor management, including for cybersecurity, understanding where their âcrown jewelsâ are located, and protecting the most important personal, private information.

Fred Roth

Assistant General Counsel, Technology and Data Privacy

Compass Group USA

https://www.linkedin.com/in/fr...

Aihong Yu

VP, Chief Privacy Counsel

CDK Global, LLC

https://www.linkedin.com/in/aihong-yu-2561474/

Kenya Dixon

General Counsel

TechCentrics, Inc.

https://www.linkedin.com/in/ke...

Luke Sosnicki

Partner

Thompson Coburn LLP

Luke is an experienced commercial litigator who solves complicated business problems for financial services, telecommunications, manufacturing, and retailer clients.

Luke defends clients in consumer class actions alleging unfair and deceptive practices and false advertising relating to customer agreements and disclosures, product labeling, print and media advertising, and online sales. The damages at issue in these lawsuits has ranged from hundreds of thousands to tens of millions of dollars.

Luke represents clients in commercial disputes, including breaches of contract, leasing, negligence, intentional and negligent misrepresentation, and trade-secret theft, among others. In both litigation and arbitration, Luke uses effective and efficient strategies to further his clients' business needs and goals.

As an experienced financial services litigator, Luke also defends financial institutions in lawsuits across the country brought under various state and federal consumer protection statutes. These lawsuits have challenged financial institutions' practices relating to account and loan fees, loan origination, servicing, debt collection, foreclosure, and unfair and deceptive lending practices.

Luke is also found at the forefront of data and cybersecurity issues. He holds a CIPP/US certification from the International Association of Privacy Professionals, and provides comprehensive advice on litigation risks related to federal and state data privacy laws, including the California Consumer Privacy Act (CCPA).