Considerations for Vendor Contracts
As the number of vendors that businesses engage with rises, so does the need for a greater contractual understanding of vendor agreements among businesses, CIOs, IT departments, and general counsels alike, according to a post on the Biztech Law Blog of Foster Swift Collins & Smith.
Katila Howard warns that, while many of the underlying contractual principals remain the same, overlooking the differences can be costly.
In her article, she discusses the considerations of security and privacy, limitation of liability, access to data, privacy, service levels, and subcontractors.
