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Data Protection Officers
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Years in Business
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We are one of the providers with the longest experience in the market.
Our data protection expertise is transnational and we work internationally.
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Regional Gap Analysis
Privacy compliance is a major issue for multinational companies, and many lack an understanding of how well they are handling compliance among disparate regions. This Regional GAP Analysis provides a useful benchmark for understanding the overall privacy risks and compliance levels in different Member States.
Merger and Acquisition (M&A) Privacy Gap Analysis
Mergers and acquisitions has been central to us for a long time. Given our group emphasis on the importance of privacy in data-centric transactions, consideration of data protection and other associated issues in an M&A context is essential. However, unlike employment or IP matters, teams across the group may lack well-established precedents for how to approach privacy risks that arise in M&A. This can cause significant delays during due diligence, as well as complicate post-closing integration.
2B Advice is here to support those teams and close the privacy gaps during a M&A transaction. We have experience in identifying, assessing, and addressing privacy risks arising in these transactions, including data protection and other associated issues.
Our experts and tools allow you to stay compliant with local and international data protection legislation, while providing a high level of transparency and accountability.
Privacy Gap Analysis FAQs
Privacy leaders should consider the following benefits of conducting a privacy gap analysis when preparing to conduct one for their own organization. The existence of these benefits is not always enough justification by itself, but it may provide guidance and motivation if there is any skepticism from senior decision makers about whether or not this project will be worth it. There are many compelling reasons to do so! These include:
- To ensure that your company can uphold its obligations under laws and regulations;
- To stay on top of emerging risks in order that you might better prepare for them;
- To identify opportunities where you could benefit from more data than what’s already collected; 4) Provide greater transparency into how personal information is handled within your organization, as well as an increased trustworthiness with consumers due to having transparent policies and practices around data protection. What are the Main Steps in Conducting a PGA?
The purpose of a DSFA is to help organizations make informed decisions when implementing new technologies and systems by providing them with an overview of the potential risks. Once an organization understands these risks, it can take steps to implement additional controls or safeguards to reduce the impact on people’s privacy. Organizations can also use DSFA documentation as evidence of compliance with regulations such as the General Data Protection Regulation.
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Initially, the EU Whistleblower Directive was supposed to be effective by December 17, 2021. However, the legislative process failed.Right of Access by the Data Subject
The right of access, enshrined in Art. 15 of the GDPR, gives data subjects the right to obtain from the controller.Annual Data Protection Conference
The annual data protection conference (45th DAFTA) of the Gesellschaft für Datenschutz und Datensicherheit (GDD) e.V. took place on 18.11.2021.
Do you have a clear idea of how well each of your regional business units is handling the processing of personal data? Is each aligned with their respective supervisory authority guidelines and the General Data Protection Regulation (GDPR)?
Many companies lack an understanding of how well they are handling privacy compliance among disparate regions in different Member states. Having an overall picture across regions is a useful benchmark for understanding overall privacy risks and compliance levels.
About Regional GDPR Gap Analysis
The 2B Advice Regional GDPR Gap Analysis is an initial assessment seeking to identify organizational gaps in your privacy organization based on the current state of your privacy program. In this effort, 2B Advice can assign criticality to specific areas, data, and TOMs as needed in order to best assess prioritization of privacy related initiatives.
Our team of legal and privacy professionals will then make recommendations based on the results of the assessment.
GDPR Gap Analysis Objectives
The 2B Advice Regional GDPR Gap Analysis of will assess privacy compliance readiness across multiple business entities that reside in different Member States of the GDPR.
Our objective is to find gaps, and based on maturity and risk assessment, propose a priority list of measures that will help you closing your gaps.
GDP Gap Analysis Solutions for Companies
The GDPR imposes comprehensive legal obligations on companies with regard to the regular processing of personal data. As part of a GAP analysis, the current status of the data protection organization is analyzed with the help of document reviews and video conference interviews with key internal stakeholders.
The results are evaluated according to the assessment methodology (completeness and maturity/risk).
The following building blocks of the data protection organization are covered in the GAP-Analysis:
- Data protection organization and responsibilities
- HR and external contact points
- The register of processing activities
- Effectiveness of IT infrastructure
- Documentation of the technical and organizational measures
- Effective extinguishing rules and an effective extinguishing concept
- Appropriate processes for compliance with data protection requirements
- How comprehensive and accessible is the documentation of the data protection organization.
The regional GAP-Analysis is a conformity check. The GAP-Analysis seeks to find gaps in compliance and Data Privacy Management Systems (DPMS). Our analysis comes with five levels of conformity of the current Data Privacy Management System (DPMS) (2+/3-).
Conformity levels are then translated into five levels of risk (no risk to high risk) for the entity.
Benefits of the Regional GDPR Gap Analysis
The regional GAP-Analysis provides a high-level understanding of privacy maturity across the organization and GDPR compliance thresholds. Identifies areas of low, medium and high risk. It also documents areas of key needs and those with room for improvement and helps identify areas of prioritization and focus.
Privacy Risk Assessments from 2B Advice
Understanding your areas of privacy risk is a complex journey and 2B Advice Privacy experts are here to help you. Often it is helpful to start with a Privacy Impact Assessment to get an overall idea of your areas of risk; or if cross-border data transfer is a key requirement, you might begin understanding your areas of risk with a Data Transfer Impact Assessment.
If digital transformation a key initiative, then you could start with a Cloud Migration Impact Assessment. Our risk assessments may be run as a single activity, in parallel, or in sequence as you progress on your privacy compliance journey.