Vendor Management Fail: FTC Settles with Mortgage Analytics Company following Vendor Security Issues
By EsqSocial Corporation 11/01/21
An oft-used business management concept is to “hire people smarter than you.” The concept also applies to hiring vendors – hire vendors that are better than you (especially when it comes to information security). Texas-based Ascension Data & Analytics LLC (Ascension), a technology and data analytics company used by the mortgage industry, did not utilize that concept in its vendor hiring process, and as a result, recently entered into a proposed settlement agreement with the Federal Trade...
By: Mintz - Privacy & Cybersecurity Viewpoints