Stacy Scott Quoted in Business Insurance on the Importance of Vendor Due Diligence

Diligence is a key step when vetting vendors that offer software as a service (SaaS). Stacy Scott, Managing Director in the Cyber Risk practice of Kroll, a division of Duff & Phelps, was quoted in Business Insurance discussing how legal counsel review of service contracts is advantageous to organizations. These reviews help document that effective procedures and safeguards are in place and contractually obligate the vendor to audits to ensure that security standards are upheld.

The full article is available to Business Insurance subscribers here.

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