Data Privacy Compliance

Privacy Compliance Challenges

The privacy regulatory landscape continues to evolve and become more complex. The General Data Protection Regulation (GDPR) went into effect in 2018, followed by the California Consumer Privacy Act (CCPA) and an increasing number of US state laws.

These laws create significant risks for businesses. Meta was hit with a $1.3 billion fine for GDPR violations. Other companies have been hit with fines in the hundreds of millions. Sephora and DoorDash have had to pay up for CCPA violations.

These laws give consumers expanded rights to control how their data is used. They also create obligations for businesses regarding privacy notices, consent gathering, opt-out mechanisms, privacy impact assessments, targeted advertising, cybersecurity, and more. Failure to design and implement a privacy program that meets the requirements of all applicable privacy laws could put your company in the crosshairs of regulators.

A Full Life Cycle Approach to Privacy Management

Businesses need a privacy plan that can scale as they grow and account for new risks in the evolving landscape. CompliancePoint utilizes a full life cycle approach when helping organizations solve their privacy challenges. This approach is founded in our experience with enterprise risk management and starts with risk identification (IDENTIFY), then focuses on risk mitigation (MITIGATE), and finally on to long-term program management to maintain and improve an organization’s risk posture over time (MANAGE). Within each of these phases, CompliancePoint has developed milestones that help break down your organization’s initiative into manageable chunks providing an end-to-end solution for your privacy needs.

Identify

The Identify phase of a privacy engagement is intended to help organizations find the risk associated with their applicable regulatory requirements. This includes evaluating current business goals and objectives, how the organization engages with the data subjects, and assessing the readiness of the organization’s governance, operation, and technology.

Mitigate

The Mitigate stage of a privacy engagement is intended to help an organization alleviate the risk associated with the regulatory requirements and deficiencies identified. This includes control design using a Corrective Action Plan and crafting solutions for deficiencies identified during the initial assessment. Once solutions are designed, CompliancePoint can provide resources to assist with implementing controls into the production environment. CompliancePoint resources audit the environment with production controls and exercise these controls to test their effectiveness.

Manage

The Manage stage of a privacy engagement helps organizations maintain current risk posture and compliance with the identified regulations. Our consultants work hard to implement personal information management systems and information security management systems that will meet the ongoing privacy requirements. CompliancePoint works with our customers to design feedback loops into program management processes, ensuring continuous improvement for the program and mitigating risk over the long run.

Our Privacy Services

Our staff is dedicated to helping businesses understand what they must do to comply with privacy regulations. CompliancePoint is uniquely prepared to provide a holistic and comprehensive approach to privacy compliance, differentiating us from our competitors. We offer a suite of privacy services that can be customized to solve the unique privacy challenges your business is facing. Our available services include:

Privacy Law Compliance

If your organization is focused on compliance with the GDPR, CCPA, and any other applicable privacy laws, CompliancePoint can put you on the path to achieving your data privacy goals. Leveraging our expertise and access to cutting-edge technologies, we will work with you to design and implement controls that will meet all requirements while minimizing disruptions to your daily operations.

Virtual Privacy Officer

Privacy laws are complex and are constantly in flux. You are too busy with your day-to-day responsibilities to stay current on new regulations and what they mean to your organization’s compliance efforts. Our Virtual Privacy Officer (vPO) service offers plug-and-play privacy leadership. With our team of experts working on your behalf, you can rest easy knowing you have a partner working to ensure your privacy program stays current while remaining aligned with the brand experience and expectations of your clients and the marketplace. We bring experience developing and managing complex privacy programs that allow our clients to maximize their customer data while also demonstrating compliance with complex privacy requirements.

Privacy Software Optimization

Privacy software can be an effective tool for reducing organizational risk and streamlining workloads. There isn’t a software product on the market that can solve your privacy challenges on its own. Further, if the technology is not set up appropriately, it can result in more risk than reward.

If your privacy software isn’t working correctly, you’re wasting money. CompliancePoint can help you maximize your investment with our Privacy Software Optimization service. We’ll work with you to select the software that best addresses your needs and then help customize and implement the tool to best fit your workflows. Our consultants can manage the technology on an ongoing basis to ensure it is operating at maximum efficiency.

Privacy regulations have become too complex to handle alone. When you partner with CompliancePoint you immediately put our proven knowledge and experience to work for you. With our experts at your side, you can rest easy knowing that your compliance and risk management are in the hands of professionals.