GDPR Regulatory change management

The KPMG privacy video series is designed to help your organization think through the priorities of GDPR and align your privacy compliance efforts without disrupting business.

 

 

View all episodes of the "KPMG Privacy" video series.

 

Transcript

Austyn:

Welcome to KPMG’s privacy video series.

  • This video is the first of two focused on how to realize value from your GDPR efforts.
  • Here we will explore how your GDPR program fits into and enables privacy compliance and risk management.
  • This video will focus on how GDPR fits within overall regulatory change management.
  • Many organizations struggle to track and manage the large number of applicable privacy laws.
  • A number of global privacy laws interact with GDPR, either aligning or conflicting with GDPR requirements.
  • The foundations of your GDPR program should align with your unique business and risk appetite.

Steve:

  • We recommend using a service to actively identify changes to privacy laws and requirements.
    • This can be a free service such as IAPP Daily Dashboard.
    • Or this could be a paid service which includes legal analysis and tailored reporting.
  • Work with legal to assess the impact of these laws, and potential influence on your GDPR program.
  • On periodic basis, host working sessions to inform stakeholders of regulations that impact your "business processes and/or information technologies."
    • Make certain that the privacy program remains current given continued changes to the privacy law landscape.
    • Finally, you can realize value by designing a GDPR privacy program founded on privacy principles - for example, the generally accepted privacy principles - which should limit the number of changes necessary when privacy laws change.

Austyn:

  • Thank you for your time and attention as we move into our final video on realizing value from your GDPR program.
  • Thanks for watching.

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Steven Stein

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