From the course: Privacy Strategies for Business Leaders
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Audits
- [Instructor] Privacy audits are a formal process to prove that you are keeping your privacy commitments. Without going into too much detail, audit preparation entails the sort of capabilities we have discussed so far that your teams have been building. These would include tools, processes, documentation, the sorts of artifacts that your privacy execution team would regularly need to curate. The team would also need to map all of your privacy capabilities to the requirements of laws, the GDPR, or any other contractual commitments that you have made. Privacy audits are a bit like being able to point to federal law, to justify itemizing deductions on your taxes, but also just as you cannot respond to privacy incidents on a dime, audits can be extremely expensive. Investing in data governance and automation, as well as a governance risk management and compliance management team is critical. By the way, a governance risk…