Overwhelmed with all the developments in the data privacy space? Wondering how to navigate the challenges facing your organization? Have you been assigned the privacy compliance function? Not sure what those challenges are, or which ones take priority?
First things first: take a step back and realize you're not alone as you ponder the path forward for handling your privacy challenges. Second, there is no one solution that fits all, as no two organizations are the same. You can look at the known risks in your industry but that doesn't necessarily mean your organization faces those same risks. Third, understand you can't do anything without a baseline framework, and certainly not without a basic understanding of what data privacy laws aim to accomplish.
Finally, and this is so important: you can't do it alone. Like many life scenarios, there are always different angles or perspectives on what needs to be done, how it should be done, and what should be adjusted to achieve a particular outcome.
Here is a simplified plan to start shaping your organization's data privacy practices:
Here's the key takeaway: You need to know how your organization manages personal data input and output, storing points, who can access the data, how long data is stored and how the data is disposed of. Finding out should expose most of your organization's privacy or data protection policies.
You likely understand that your work as a privacy champion or steward is evolving. Gaining a solid understanding of the privacy principles and their drivers is a helpful way to build trust within your organization and a good confidence builder. Remember, there are many resources that can support your privacy efforts and help transform your organization's data privacy strategy.
For more information on Armanino's data privacy solutions visit Risk Assurance & Advisory Privacy Services.