Jordan Abbott, a compliance attorney at Acxiom, didn't mince words when he opened the preconference session here at Privacy. Security. Risk. 2015 on vendor management. "Bottom line you’re going to take away from this program is vendors are a problem," Abbott said. That's because businesses have hundreds of thousands of vendors for myriad uses. It can be incredibly difficult to keep track of vendor compliance with the rules and regulations your organization is required to comply with. To have a fighting chance at it, panelists at "Vendor Compliance: Drowning In a Sea of Vendors" said, it's essential to classify vendors by type, then the kind of access to data they have and finally apply rules around the data that vendors will use for various services.
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