Competency
Auditing Control A 5.20 Addressing Information Security within Supplier Agreements
Explore the auditing of supplier agreements to ensure effective security measures. This competency covers incorporating security clauses, legal team involvement, updating provisions, and structuring penalty clauses for noncompliance. It also explores developing escalation protocols, training on procedures, and regularly reviewing agreements.
5 Trainers
About
Course Overview:
This comprehensive course guides participants through the process of auditing supplier agreements with a focus on information security. It includes best practices in contract design, the role of legal teams, enforcement mechanisms, escalation protocols, and periodic review strategies to ensure continual compliance and risk mitigation.
What You'll Learn:
- How to incorporate and review security clauses in supplier agreements
- Designing effective penalty clauses and assessing their impact
- Building and training escalation procedures for security incidents
- Strategies for regularly reviewing and updating agreements
- Legal and compliance considerations in supplier security audits
Who Should Take This Course?
This course is perfect for:
- Compliance Officers and Legal Advisors
- IT and Information Security Auditors
- Procurement and Vendor Management Teams
- CISOs and Risk Managers
- Professionals managing third-party security contracts
What You'll Get:
- A certification of completion
- Hands-on insights for supplier security auditing
- Practical frameworks for legal and compliance integration
- Tools for managing penalties and escalations
- Real-world case analyses and best practices
Module 1
Security Clauses and Legal Review in Supplier Agreements
- Incorporating Security Clauses – 15 mins
- Role of Legal Teams in Agreement Review – 15 mins
- Updating Security Provisions in Contracts – 13 mins
- Best Practices in Contract Drafting – 15 mins
- Practice Quiz
Module 2
Penalty Mechanisms for Noncompliance
- Structuring Penalty Clauses – 14 mins
- Impact of Penalties on Supplier Behavior – 15 mins
- Negotiating Penalty Terms – 15 mins
- Reviewing Penalty Clause Effectiveness – 14 mins
- Practice Quiz
Module 3
Escalation Procedures for Security Incidents
- Developing Escalation Protocols – 14 mins
- Training on Escalation Procedures – 15 mins
- Evaluating Escalation Effectiveness – 14 mins
- Collaboration in Incident Management – 15 mins
- Practice Quiz
Module 4
Regular Review and Update of Supplier Agreements
- Periodic Agreement Reviews – 14 mins
- Adapting Agreements to New Threats – 15 mins
- Feedback Mechanisms in Agreement Updates – 14 mins
- Documenting and Communicating Changes – 15 mins
- Practice Quiz
Specialization · 4 modules
4 Modules
100% Positive Reviews (24 reviews)
104 Lessons (4h 15m)
3,011 Students
Languages Available: Spanish, English, German, French
Exam
Certificate upon completion of the course
Tags
Auditing of Control A 5.20
Supplier Agreements
Penalty Mechanisms
Regular Review of Agreements
Legal Review
About the Trainer
Carl Carpenter
Cybersecurity Professional and Penetration Tester
Carl Carpenter is a highly experienced cybersecurity professional and penetration tester, with deep expertise in regulated environments such as CMMC, HIPAA, PCI, FFIEC, CCPA, and GDPR. He is a certified auditor and instructor, holding ISO/IEC 27001 Senior Lead Auditor, CISA, CISM, PCI-QSA, and other credentials. Carl is also a certified specialist with Cisco, Microsoft, CompTIA, and PECB. His skill set extends into advanced dignitary protection, close quarter battle, and high-risk security operations.
