If you’ve heard about the European Union’s (EU) General Data Protection Regulation (GDPR), you’re probably wondering whether it applies to your business. You may not have a robust privacy program in place around the data you collect and now find yourself concerned about these new, stringent rules on processing and storing the data of EU citizens.
The EU’s new regulations — and penalties — make it essential for your organization to know what data you have, who has access to it and where it’s being kept. But how can you comply with GDPR when you’re not even sure if it applies to your business or the full extent of what you need to change? That’s where Wipfli’s knowledge and capabilities come into play.
“Take Action to Protect Your Business and Keep Your Customers’ Data Private”
If your business doesn’t comply fully with GDPR, you’re in danger of getting hit with serious penalties, including data processing bans and millions of dollars in monetary fines. Protect your business by working with Wipfli. Using our specialized team, you can:
- Assess whether your business is impacted by GDPR
- Review and update your current policies
- Train employees on GDPR requirements including incident response and data breaches
- Put a data privacy officer in place
- Implement a privacy program that complies with GDPR
- Perform readiness testing
Even the smallest U.S. company that has any type of presence in Europe (whether physical or online) must comply with GDPR. Make sure your business is ready so that you can avoid penalties and use your resources to continue growing against your competitors.
Wipfli can help you protect your business — and your customer data — by strengthening your cybersecurity, data processing and privacy controls. Contact us to find out if you’re impacted by GDPR.
Robert D. Cedergren, CPA, CGMA, CITP, CISA, CISSP, CISM, CGEIT, CCSFPBob is the leader of Wipfli’s risk advisory services practice. Leveraging his 20+ years of experience, Bob provides consulting services to clients in the areas of risk management and is a frequent speaker and author on risk management-related topics including risk assessments, business continuity planning, and management of internal controls.