A Complete Compliance Review is a set of services bundled together to equip an organisation with the maximum possible compliance with respect to privacy regulations such as the GDPR, CPRA, HIPAA, DPDPA, etc.

Objective

The objective of this exercise is to identify and mitigate all compliance shortcomings and subsequently conduct an internal audit. A certificate of compliance is awarded to the organisation at the end of the exercise.

Deliverables

• Gap Analysis Report: A report indicating the areas of non-compliance with practical suggestions and recommendations for remediation.
• Policies, Agreements and Documentation: The internal and external policies, agreements and documentation delivered as a part of the framework implementation process.
• Readiness Report: A report documenting the areas of compliance while highlighting any instances of non-compliance which may require further enhancements. The report shall assist organisations in facilitating second-party and third-party audits.
• Compliance Certificate: At the end of the review, the organisation is awarded with a certificate which demonstrates their compliance to all stakeholders. The validity of the certificate is of one year from the date of certification.

Procedure

• Step 1 – Gap Analysis: The primary step involves the conduction of a Gap Analysis for the identification of discrepancies between the organisation’s current practices and the requirements of a specific regulatory framework or industry standard.

• Step 2 – Framework Implementation: The identified gaps in compliance are bridged through the development and subsequent implementation of a Compliance Framework.

• Step 3 – Readiness Assessment: In the final stage, an internal audit (or Readiness Assessment) is conducted, upon completion of which, the organisation is awarded with a compliance certification.

Project Timeframe

Depending upon the size of the organisation, the number of departments, the complexity of processing activities and the adequacy of the current infrastructure, the procedure may take anywhere between 6 to 8 (six to eight) weeks.

Benefits

1. All-in-One Solution: The Complete Compliance Review is an all-in-one solution. This exercise covers all aspects of privacy compliance including the evaluation, the implementation as well as the certification of the necessary standards.
2. Risk Mitigation: The conduction of a Gap Analysis assists organisations in eliminating compliance risks by highlighting the vulnerabilities or weaknesses in processes, systems and policies.
3. Enhanced Operation Efficiency: A functional Compliance Framework contributes to the overall efficiency of an organisation.
4. Regulatory Compliance: A Readiness Report demonstrates an organisation’s compliance before regulatory authorities, preventing fines and reputational damage.
5. Further Audits & Assessments: Conduction of a Readiness Assessment simplifies audits by a business partners (second-party audit) and regulatory/certifying authorities (third-party audits).
6. Stakeholder Trust & Confidence: Most individuals and organisations prefer to collaborate with certified partners. A Privacy Compliance Certification helps the organisation build trust with its customers, partners and investors.