Red Clover Advisors

CISOs wear multiple hats - some overseeing security, privacy, AI, and more! Organizations like IANS Research understand and are helping security leaders navigate these shifts. That’s why their data driven research is so valuable. Curious about what the IANS CISO Compensation & Budget Survey reveals? Tune into this week’s episode of She Said Privacy/He Said Security, as Jodi Daniels (Red Clover Advisors) and Justin Daniels (Baker Donelson) chat with Nick Kakolowski, Senior Research Director at IANS Research, about the CISO’s expanding role and the findings from IANS annual CISO Compensation & Budget Survey. They covered: ✅ IANS mission and research initiatives ✅ Key findings on the CISO compensation gap ✅ Why CISOs are increasingly taking ownership of privacy ✅ The growing need for CISOs to develop business and leadership skills Key takeaways from their conversation: 1️⃣ Align security leadership with broader business goals 2️⃣ Equip CISOs to manage privacy, AI, and other business functions effectively 3️⃣ Foster collaboration across security teams and business units Want to learn more? Listen to the full episode here: https://lnkd.in/gysGhuwu

Safeguarding your company's data from third-party risks is no longer a choice but a must. Follow these 6 steps to minimize vendor (third-party) risks: 1. Establish Internal Data Governance - Understand your data practices inside and out - This includes maintaining data quality, identifying who's responsible for data, and understanding compliance management - Bonus tip: Ensure your data inventory process efficiently captures new vendors. 2. Identify Potential Vendor Risks - Work with your legal, privacy, and IT teams to understand your company's requirements - Identify which data privacy laws apply to your company and potential areas of risk from your third parties 3. Assess Vendor Risk Levels - Not all vendors pose an equal level of risk - A thorough vendor assessment will help you identify which vendors pose the most significant threats to your data security 4. Review Contracts - Start with a data processing agreement stipulating how the vendor can use your data - The agreement should also specify how to respect privacy rights and the vendor's obligations to protect information 5. Plan for Off-Boarding - Be prepared for the possibility of ending a vendor relationship - This plan should guarantee that the vendor can no longer access your data once your relationship terminates 6. Create a Third-Party Risk Management Governance Process - Implement a policy, process, and training system so employees understand the procedure for reviewing and approving new vendors Following these steps will help you protect your company's data. Repost to help other companies, like yours!

Privacy and security thrive when they work together. While their focus differs, their collaboration is essential in safeguarding your company's data. At the core of this partnership are two critical roles: 1. Fractional Privacy Officers (FPOs) who: - Create privacy programs - Stay on top of new & existing privacy laws to manage compliance - Enable cookie consent banners & perform digital tracking audits - Automate privacy rights requests from intake to fulfillment - Create and update privacy notices - And more! 2. Virtual Chief Information Security Officers (vCISOs) who: - Establish and uphold cybersecurity programs - Develop and implement processes that help detect, mitigate, and recover from cyber attacks - Secure a company’s technological assets - Educate leaders on cyber risks and mitigation strategies - And more! Just like peanut butter and jelly complement each other to make a delicious sandwich, FPOs and vCISOs work harmoniously, lifting each other to safeguard your most valuable asset—data! And together they help you: - Set privacy and security standards - Avoid compliance fines - Build trust with your customers Your company deserves more than one layer of protection. Are you building the right team to protect your data? Read more: https://lnkd.in/gUn4hMgP

Privacy is like a hot potato. It gets bounced from group to group. Our team often gets asked where should privacy sit? The answer: Wherever it gets the attention it deserves. Privacy IS a cross-functional activity. To bring privacy to life someone has to "own" it and be accountable. For some, legal is the right answer. For others compliance. In smaller orgs, we see security teams owning it. In larger orgs, we see security teams taking on the privacy ops work. Where there is no legal or compliance function, the CFO owns it. In tech heavy companies, it might be the CTO or CIO. In marketing focused orgs, head of marketing owns it. The right answer is unique for each company and it's truly where: - privacy is invited to business discussions - privacy laws will be followed and interpreted - privacy activities are actually done (or can be influenced) *** ✍ Where does privacy sit in your company?

59% of organizations were hit with ransomware last year (According to Sophos) Cybersecurity threats aren’t slowing down. They’re getting more tricky to spot. And while it’s tempting to think the next breach won’t happen to your company, evolving tactics are catching companies off guard. 5 cybersecurity threats and how to safeguard your business now: 1. Strengthen your cloud defenses Cloud use is booming – 94% of companies rely on it (according to Zippia), and cloud-based breaches now make up 45% of security incidents (according to IBM). Companies need to: – Regularly audit and optimize cloud configurations – Adopt zero trust architecture - “trust no one, verify everything" 2. Tighten identity protection Credential stuffing, password spraying, and phishing are easier to pull off than ever. Level up your security by: – Implementing multi-factor authentication (MFA) everywhere possible – Training employees to recognize and report all suspicious activity 3. Prepare for evolving ransomware attacks AI-driven ransomware and double extortion tactics are leading to new vulnerabilities in the cybersecurity landscape. Prevent cyber risk by: – Conducting regular security assessments – Scrutinizing third-party vendors 4. Educate employees on phishing and social engineering Phishing and deepfakes are now harder to spot, making human error a top risk. Create awareness by: – Training employees regularly on phishing recognition, strong password creation, and adherence to security policies – Get creative and gamify trainings 5. Lock down Bring Your Own Device (BYOD) When employees use personal devices to access work-related systems, security gaps are inevitable. Mitigate BYOD risks by: – Enforcing strong mobile device management (MDM) policies – Segmenting corporate data from personal use on devices Your vigilance today protects tomorrow. Read our latest blog for more tips how businesses can level-up security protocols: https://lnkd.in/gyarg8qF

Innovation can’t come at the expense of trust. Organizations need to manage the privacy, security, and AI-related risks that come with it. Companies like Grammarly get it. That’s why they’re leading the way - embedding trust, transparency, and user control into the core of their privacy, security, and AI programs. Curious how they do it? Discover Grammarly’s approach by tuning into week’s She Said Privacy/He Said Security episode, as Jodi Daniels (Red Clover Advisors) and Justin Daniels (Baker Donelson) chat with Jennifer T. Miller, General Counsel, and Suha Can, CISO, at Grammarly about how the company has built a privacy and security program centered on trust and transparency. They covered: ✅ How Grammarly prioritizes privacy and security for its 30 million global users ✅ The evolving partnership between Grammarly’s General Counsel and CISO ✅ Why Grammarly created a transparent privacy, security, and AI web page ✅ Grammarly’s review process for AI-integrated products ✅ Tips for infusing trust into privacy and security programs Key takeaways from their chat: 1️⃣ Build trust by creating transparent, user-focused privacy and security practices 2️⃣ Regularly audit products for privacy, security, and AI-related risks 3️⃣ Foster collaboration between legal and technical teams to mitigate risks and comply with regulations Want the full scoop? Listen to the full episode here: https://lnkd.in/gXk6ME3p As always, we hope you enjoy this week's episode!

The stakes have never been higher with the explosion of generative AI. It can revolutionize your business, but it can also introduce hidden risks that could derail your success. This means companies need an AI governance program. AND a key piece to that program are AI assessments. Successful AI assessments require a mix of people, process and technology. Companies can stay ahead by: 1. Conducting an Initial AI Assessment → Before you even think about deploying an AI system, perform a thorough assessment → Identify its intended use, how it aligns with your business goals, and what resources are needed for successful implementation → When an AI program impacts personal information, conduct a privacy risk assessment 2. Ongoing Vigilance → Set a regular cadence for assessments throughout the entire AI lifecycle → Stay updated with evolving technology, shifting business needs, and changing regulatory landscapes → Continuously realign AI with your strategic business goals 3. Documenting, Maintaining, and Continuously Improving → Document every assessment to identify patterns or systemic issues → Consider software solutions to help with assessment automation and documentation → Report findings to leadership and adjust AI systems based on what you learn to ensure they continue to work efficiently and fairly Contact us if you need help. We love helping companies with their AI governance programs. Thank you, Tom Fishburne, for this funny cartoon!

Privacy operations can feel like an uphill battle. Whether you’re starting fresh or fine-tuning an existing program... It's easy to feel confused, unsure of where to begin or what’s next. That’s where Red Clover Advisors comes in. To simplify the process and give you the clarity you need. So, we're launching a complimentary five-part Fundamentals of Privacy Operations Series. Delivered straight to your inbox - it's designed to help you create a successful privacy program that works for your organization AND consumers. We’ll break down the ‘what,’ the ‘why,’ and the ‘how’ of the most fundamental elements of a privacy program, including: →Data Inventory →Privacy Rights Response →Privacy Notice →Privacy Risk Assessments →Third-Party Risk Management + A surprise bonus PLUS you can earn 6 IAPP CPE credits for completing the series! Level up your privacy game today and sign up today: https://lnkd.in/gQDzWFeH

Security without privacy is a house of cards. Both are essential, and true protection comes when they work together. Remove one, and the structure collapses. While security focuses on keeping unauthorized individuals out... Through firewalls, antivirus software, multifactor authentication (MFA), encryptions solutions, data loss prevention measures, and so on. Privacy ensures that data is properly managed—what’s collected, who it’s shared with, and how it’s used. This is accomplished by: - Minimizing data collection - Ensuring data transparency through privacy notices - Upholding privacy rights - And more (not a complete list) Security keeps the walls up. Privacy protects the data inside. 7 Ways Privacy and Security Teams Can Unite to Tackle Data Governance Challenges 1. Know what you have (so you can protect it) - Create and maintain a data inventory to identify and classify sensitive data so privacy and security teams know what to protect and understand the risks 2. Collaborate to demonstrate compliance - Establish standards for data controls, including encryption, backups, retention, and destruction processes 3. Control sensitive data access - Together, privacy and security teams need to ensure that sensitive data is only accessible by team members who truly need it 4 Prepare for data breaches - Develop a proactive joint response strategy to outline the response process, plan ways to meet regulatory timelines, and maintain compliance 5. Join forces on governance - Reduce overlap, increase efficiency, and align governance goals by cross-populating privacy and security steering committees 6. Collaborate across the business - From HR to legal to marketing - ALL areas of your business operations benefit from privacy and security insights (think - risk assessments, contracts, and marketing data) 7. Tie it together with training and awareness - Create engaging, ongoing privacy and security training with gamification, newsletters, videos, quick tips, and regular refreshers When privacy and security unite, you have a solid structure to help protect what matters most. Contact us if you need help.

Privacy Laws, Tech Shifts, and Culture: The Digital Entropy Era The IAPP’s Organizational Digital Governance Report highlights: - how businesses can cut through staying compliant with privacy laws - being operationally efficient and - aligning governance structures to stay ahead. Ready to learn how to manage the growing demands of digital governance? Tune in to this week’s She Said Privacy/He Said Security episode, where Jodi Daniels (Red Clover Advisors) and Justin Daniels (Baker Donelson) chat with Joe Jones, Director of Research and Insights at IAPP, about how companies can leverage insights from the IAPP Organizational Digital Governance Report to improve their digital governance frameworks. They covered: ✅ The goals of IAPP’s Organizational Digital Governance Report ✅ The concept of digital entropy and how companies are navigating it using three different approaches ✅ Key trends in how organizations are evolving their digital governance structures ✅ Practical ways companies can leverage insights from the IAPP report to strengthen their governance frameworks ✅ Strategies for empowering privacy teams and fostering collaboration across departments Key takeaways from the discussion: 1️⃣ Move towards an aligned governance model to manage privacy, security, and AI 2️⃣ Regularly audit and update your governance processes to keep pace with tech and regulatory changes 3️⃣ Empower privacy teams and foster cross-department collaboration to build a cohesive governance framework. Want to learn more of Joe’s insights? Listen to the full episode here: https://lnkd.in/ggQQhF24 As always, we hope you enjoy this week’s episode!