The General Data Protection Regulation (GDPR) recently went into effect, yet many multinational companies are still behind the compliance curve.
This sweeping regulation requires organizations to meet stringent data protection requirements affecting the personal data of EU citizens and for the first time, also impacts companies that are based outside of Europe. With severe penalties in play - fines of up to €20m or 4% of global annual revenues - corporations must implement actionable and efficient strategies to achieve compliance.
FTI GDPR Compliance Services
When designing compliance policies and workflows for the GDPR, there is a broad range of expertise that is required, from having experience with the practical implications of applying data protection and information security, to managing an operational environment, to implementing information governance practices, to applying change management in complex regulatory circumstances. The FTI team has a strong track record of collaborating across legal, IT, compliance and lines of business to ensure input from and transparency with key stakeholders on policy development and implementation – as well as several GDPR preparedness engagements completed.