6/26/2014

Entities should plan early for risks that are likely to arise when third-party relationships end, experts say. "The deeper the third party is embedded in and uses the confidential information of the company and its customers, the greater the risks presented by failing to design a smooth transition process," writes Carole Switzer of OCEG. Potential risks in such a scenario include the threat of data breaches and terminated contractors' social media activity, she writes.

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