Vendor Lawsuit Alerts

If your vendors fail to honor their commitments to privacy, how would you know? If they were embroiled in a lawsuit that might put them out of business, would they tell you?

With Osano, you get alerted when a new lawsuit is filed or when an existing lawsuit has significant changes. Osano’s Vendor Lawsuit Alerts are like Google News Alerts for the courtroom. We follow cases against companies you do business with and keep you updated on what you need to know.

Learn About Vendor Lawsuit Alerts
Vendor Lawsuit Alerts

What You Don't Know Can Hurt You

Osano monitors all federal courts, the most popular state courts, and many district courts.
You get to sleep well knowing that you've removed yet one more unknown from your worry list.

Vendor Lawsuit Alerts

Identify Bad Actors

Every vendor provides a shiny security report, checks the boxes on the forms you provide, and claims to implement effective controls. One dirty secret of the software world is that many times, practice doesn't mirror those claims. Lawsuits are often the first place you find out that a vendor is misbehaving - putting your company at risk. Knowledge is power.

Quantify Risk

Is your vendor a defendant in one court case file by a disgruntled employee? Alternatively, are they involved in 200 court cases for privacy violations? Evaluating the number and type of court cases relative to the size of the company can be a leading risk indicator. Facebook is defending itself against more than 2000 lawsuits. How many do your vendors have?

Avoid Downtime

If a large company such as Microsoft is sued for $100M, it won't put them out of business. If a smaller company gets tied up in court, it can drain their finances, scare away future investors, and quickly spiral into a death cycle. Usually, you won't know until you get the shutdown notice. Lawsuit monitoring, lets you proactively switch vendors and avoid a crisis.

A case study in startup lawsuit outcomes.

Start Monitoring Now

Brooklyn, New York-based Ordrx was an innovative and wildly popular restaurant ordering platform. Venture capitalists including Google Ventures invested in the company. Ordrx customers were building their businesses on top of Ordrx, and business was booming.

That is until Ordrx was sued by a non-practicing entity (aka, patent troll).

Despite the fact that the case was meritless, the lawsuit scared away new investors, which meant cutting staff. Eventually, Ordrx was forced to shut its doors, leaving hundreds of companies scrambling to find a new vendor with no notice.

This story is not unusual. A quick search for "startups that went out of business because of lawsuits" reveals hundreds in just the past year.

Lawsuits are a cost of doing business, but the one common thread among all of these post-mortems is that the startup didn't provide their customers with much notice.

Don't become a casualty of another company's litigation. Watch your vendors, monitor their lawsuits, get ahead of the risk.

What's New at Osano

Privacy Insider Newsletter

Check out Osano's Privacy Insider newsletter! Every Tuesday, Osano sends a synopsis of the week's most interesting news in the world of data privacy.

A lot of change is happening fast. We take the work out of keeping abreast of regulatory and technological developments.

Subscribe

Release 2020.4

April's release features major improvements to our data subject access request (DSAR) forms:

  • Added a forms editor for customization and 
  • Added pre-fillable forms to save you time
  • Added data elements for commonly used fields

This release included a bunch of other enhancements and features.

Read the Release Notes

Osano Launches a Partnership with Exterro

Osano and Exterro launched a partnership this week to pair Osano’s industry-leading cookie consent management and vendor monitoring with Exterro’s powerful suite of privacy, e-discovery and risk management tools.

Learn More

Covid-19 Update

How will Covid-19 impact Osano? Read a note from our CEO.

Read the Note

Release 2020.3

Minor bug fixes and the ability to more easily manage your own account billing.

Read the Release Notes