Third-Party Vendor Due Diligence Recordkeeping. Under the new rules and amendments, firms are required to maintain accurate and thorough records of their due diligence process for third-party vendors.

As reflected in our 2021 Data Security Incident Response Report 2020 saw a sharp spike in the number of incidents ... Ongoing due diligence of vendors is critical. Vendor vetting cannot stop at ...

An outline of due diligence questions and pre-contractual considerations for counsel to a business or organization contemplating the use or license of a vendor’s AI technology.

A report by the ACFE and Thomson Reuters found that companies are concerned about being duped by fraudsters' synthetic businesses that are easier than ever to fake with generative AI.

The Template inputs pertaining to supplier forced labor due diligence include the following: The forced labor risk screening resource used. The DDRT indicates that Kharon is the preferred resource.

NICE Actimize Positioned as Highest-Scoring Vendor Across Technology Excellence in 2023 Quadrant Knowledge Solutions KYC Report. ... ongoing due diligence, and enhanced due diligence (EDD) processes.

The Supply Chain (DDRT) is a free, standardized reporting tool developed by AIAG in collaboration with participating OEMs for use by all tiered suppliers. The DDRT facilitates a forced labor ...

Customer due diligence and pre-contractual considerations for business-to-business transactions involving the customer’s use or license of a vendor’s AI technology, such as generative AI ...