A good privacy management program is one that effectively and efficiently maintains compliance with privacy regulations. While avoiding all privacy breaches may be infeasible, a diligent risk-based approach will minimize the potential for regulatory fines and reputational damage due to non-compliance.
Effective and efficient compliance with privacy regulations.
Timely response to DSARs and other privacy requests.
Justified and comprehensible investment.
Evidence to minimize the risk of regulatory fines and reputational damage.
Integration with cyber, IT and operational risk management.
Privacy regulations such as GDPR and CCPA require new processes for handling personal data. These include records of processing activity, data flow mappings, processing notices, data-subject access requests, breach notifications and data protection impact assessments. The regulations also require a risk-based approach to compliance. STREAM’s Privacy Management application can help your organization address these challenges.
Privacy management is an ongoing process, not a one-time activity. Here are some of the steps involved in managing privacy compliance using STREAM.
Compile a repository
STREAM helps you build a centralized repository of privacy compliance data: data flow mappings, processing notices, data subject access requests, breach notifications and data protection impact assessments.
Devise a risk-based decision method
Make decisions based on risks to the rights and freedoms of data subjects.
Construct a workflow
Use STREAM’s configurable workflow to guide your actions and responses for privacy processes and data breaches.
Continually gather evidence to demonstrate your diligent risk-based approach to managing privacy concerns to minimize regulatory fines and reputational damage following a breach.
Detail accountability to address non-compliance and unacceptable risks from identification to completion.
Seamlessly integrate privacy with other applications, such as cyber risk for justifying actions and expenditure to address common privacy and cyber security requirements.