Matt Gunn, Managing Editor | TechComply

It’s no secret that vendor management has been a hot topic among regulators. That trend doesn’t appear to be going away any time soon.

One way to keep informed of vendor updates and activities is to participate in user groups and attend vendor conferences, suggests Tom Hinkel, VP of Compliance at Safe Systems.

“It would be very difficult to say that you’re doing everything you should do to monitor and oversee a vendor — particularly a critical vendor — if you don’t participate in the user groups when they have them,” Hinkel says. “It’s a very important thing. Obviously you still have to do the rest of your oversight and due diligence. You still have to do your SOC reports, audit reports, financial statements, etc. But if it’s a critical vendor and they have a user group, participate.”

Watch the video above for the Compliance Guru’s thoughts on user group attendance.

Many critical vendors, such as core systems providers, have regional user groups which meet regularly and hold educational conferences for members. Safe Systems’ own user conference, NetConnect, is taking place Sept. 23-25 in Chattanooga, Tenn. While registration is limited, spots are still available. Visit the NetConnect conference website for more information.