TPRM in the Wake of GDPR
Cisco has just released a Data Privacy Benchmark Study, revealing that outsourcers are taking seriously their responsibility to protect customers’ data. Tom Garrubba, Senior Director and CISO at Shared Assessments, offers his perspective on third parties’ performance of late.
Those of us in the privacy profession knew it was only a matter of time until privacy-minded organizations would see the benefits of their internal analysis and hard work. Their efforts to refine and/or create policies, procedures, standards and practices that better secure and guard privacy during the handling of their customers’ personally identifiable information are paying off.
Evidence of this came to light in the new Cisco Data Privacy Benchmark Study, published in late January 2019. The study indicates both outsourcing organizations and service providers are modifying the way they are doing business. Organizations increasingly understand the importance of recent regulations such as the General Data Protection Regulation (GDPR), which mandates protections of the personal data for citizens throughout the EU. This understanding is gaining traction as organizations grapple with similar U.S.-state privacy regulations and guidance, such as the California Consumer Privacy Act (CCPA)….