Integrated Legal Data PrivacySucess Story
Business Challenges: One of the most prominent Financial company in the world
- Company struggling to assess its state of compliance to recently introduced privacy law
- Similar organization in the region has been awarded multi million-dollar penalty and organization was seeing this comping to it as well
- Complex supplier eco system processing customer data
- Privacy driven by Information Security Office and other stakeholders missing in the process
Solution Proposed and Implemented
- Formation of concerted common Team with CXO’s directly engaged with the Governance process of enablement
- Identification of business processes touching customer data
- Privacy Impact assessment to help priortize
- Embedding elements of privacy requirements into processes rather than having siloed processes for Privacy
- Enablement of Privacy Management platform with tracking and reporting capabilities around entire privacy life cycle
Outcome:
- 56 Policy and standard document reduced to 16 with revised write-ups and CEO endorsement
- 68 Security Platform reduced to 23 Platforms in 2 years span of time
- Security Roadmap co-owned by stakeholders from different departments
- Integrated Risk Management approach and practice in place
how can we help you?
Worldwide Data Protection and Privacy (WDP2) is part of a global consortium existing for 20+ Years with a specialization in Information Security and IT.
“ISA helped us big time in terms of building the Three Year IT Security roadmap and strategy which was ground connected and thought from the very feasible practical point of view. This helped win customer trust and assurance in a big way”
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