Data & Privacy - Privacy Transformation
Privacy Risk Assessments
Privacy Risk Assessments are a key element in focusing your efforts where they matter the most and something that is expected by the Data Authorities as standard.
Challenges
Organisations that do not know where their risks lie and how to mitigate them may face fines.
Despite adequate risk assessments being key to fulfilling the supervisory authorities’ accountability requirements and expectations, many businesses have not yet conducted a full risk assessment of their systems and processing activities.
As a result, businesses typically experience several challenges:
- Gaps in understanding what the most high-risk processing activities in a business are;
- A lack of mitigation of high-risk processing activities;
- The potential risk of regulatory non-compliance due to a lack of accountability in processing as a result of insufficient risk assessments and documentation;
- A lack of data protection impact assessments (DPIAs) or gaps in necessary DPIAs - another regulatory requirement of the GDPR;
- Data subjects' rights may unknowingly be infringed due to a lack of overview of processing activities.
Our Privacy Team understands how these challenges can affect your business and is able to provide services to close these gaps and increase the understanding within your organisation as to where the risks lie and how to best mitigate them. We specialise in risk mitigation and can provide you with an assessment of the technical and legal implications.
Our approach
Deloitte is able to offer a proven method to ensure that your organisation has an in-depth understanding of data privacy risks throughout operations.
-
Creation of a processing overview
If a complete overview of data processing activities does not yet exist, Deloitte will create one in order to better ascertain how data flows within the business.
-
Assessment and categorisation of processing activities
All of the processing activities are risk-assessed and categorised by a privacy expert in order to gain a holistic view of where data processing risks lie within the business.
-
Rating of risks
Risk ratings are given to each processing activity and system, not only providing an overview of data processing risks but also making a prioritisation for the work to follow and creating a key piece of evidence in demonstrating the accountability requirement of the GDPR.
-
Mitigation of risks and road maps
Based on these risk ratings, mitigation measures will be offered along with suggestions for the expected necessary resources to address them. Further, recommendations will be provided for whether to carry out a further Data Protection Impact Assessment (DPIA) on specific processing activities.
- Creation of a processing overview
- Assessment and categorisation of processing activities
- Rating of risks
- Mitigation of risks and road maps
If a complete overview of data processing activities does not yet exist, Deloitte will create one in order to better ascertain how data flows within the business.
All of the processing activities are risk-assessed and categorised by a privacy expert in order to gain a holistic view of where data processing risks lie within the business.
Risk ratings are given to each processing activity and system, not only providing an overview of data processing risks but also making a prioritisation for the work to follow and creating a key piece of evidence in demonstrating the accountability requirement of the GDPR.
Based on these risk ratings, mitigation measures will be offered along with suggestions for the expected necessary resources to address them. Further, recommendations will be provided for whether to carry out a further Data Protection Impact Assessment (DPIA) on specific processing activities.
Why Deloitte?
Awarded market leaders
Leading-edge technologies
Global intelligence delivered locally
End-to-end cyber-risk services
Reach out
For a greater understanding of risks within your business relating to personal data processing, please contact our team today.
We have gained extensive legal and technical expertise through hundreds of privacy assessments made in Denmark and abroad for businesses just like yours.
