Companies need compliance policies and third-party checks to avoid data security breaches and corruption

Robust compliance policies, the development of ‘risk maps’ and ongoing staff training will help businesses lessen the impact of security breaches originating in third parties

It is vital that businesses in Latin America have stringent internal compliance policies – and also carry out thorough due diligence of vendors and suppliers in other countries – in order to minimise the risk of data security breaches and corruption.