News & Events
Washington, D.C., Jan. 29, 2018 — FTI Consulting, Inc. (NYSE: FCN) today announced the Company has launched readiness services to help companies prepare for the General Data Protection Regulation ("GDPR"), which goes into effect in May 2018.
For companies with employee or customer data for European citizens, FTI Consulting can help with the practical implications of GDPR, including data protection and information security, managing an operational environment, implementing information governance practices and applying change management in complex regulatory circumstances.
"While GDPR goes into effect just a few months from now, many multinational companies are still behind in preparing for compliance," said Sonia Cheng, a Senior Director at FTI Consulting, based in London. "Our GDPR preparedness services are designed to be pragmatic and help companies further prioritize the various risks they face and address their compliance issues in time for the May compliance date."
"There isn’t a silver-bullet technology solution for GDPR compliance," said Paul Prior, Managing Director at FTI Consulting in Dublin, Ireland. "Instead, GDPR compliance requires a mix of technology, policy and workflow that incorporates a deep understanding of the regulations. Our GDPR readiness services provide all of this, as well as the technical know-how and change management best practices to implement these new requirements."
FTI Consulting’s GDPR readiness services are a part of the segment’s Information Governance, Privacy & Security practice. This practice focuses on providing consulting services that are flexible and can range from a single short-term project to a complete transformational service with ongoing monitoring. The offerings address key corporate data challenges with safety and defensibility by mining, storing, migrating and disposing of corporate data, as well as designing and implementing defensible e-discovery and information governance policies that are cost-effective and do not disrupt business operations.