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It’s Time for Privacy Pros to Make a Strategic Shift
The importance of effective data privacy can no longer be ignored.
Read Now
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Vendor Lawsuit Alerts
Automated 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.
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JOIN 1000+ Companies using Osano
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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.
Identify Bad Actors
Every vendor provides a shiny security report, checks the boxes on the forms you provide, and claims to implement effective controls. Often, the reality 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 a single court case filed 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.
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Case Study
A Case Study in Startup Lawsuit Outcomes
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, a 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.
Expert insights
Key Resources on All Things Privacy
Discover actionable tips straight from our team of legal and privacy experts through our blogs, webinars, eBooks, guides, and more.
Ebook
The ROI of Privacy Management
Learn why organizations that invest in data privacy gain a return of up to $2.70 for every dollar spent.
Download Now
Customer Story
Building Compliance into Marketing Operations Puts Privacy First
Lattice uses Osano to eliminate operational complexity, align marketing and compliance teams, and fulfill its promise of being a privacy-first organization.
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Checklist
2024 U.S. Data Privacy Checklist
Download our checklist to learn what your first steps should be, regardless of which law applies to your organization.
Download Now