"Not since the passage of the Health Insurance Portability and
Accountability Act (HIPAA) more than 20 years ago, have we seen such a
comprehensive, framework-driven, regulation focused on data privacy
practices," said Rohland when speaking of the
The regulation, which goes into effect
Rohland notes that "because small and mid-market companies may already be resource-constrained, some might deem GDPR compliance to be cost-prohibitive or unrealistic to implement. However, a thoughtful - often innovative - and incremental plan towards compliance can be achieved without excessive costs, but to do so will require full cross-organizational support at the highest levels. Moreover, now that GDPR is transitioning greater control to EU residents over their data and imposing stiffer penalties, a lack of attention in managing the risks and compliance associated with that data could prove costly if businesses rely on old habits."
About
About RGP
RGP is a multinational business consulting firm that helps leaders execute internal initiatives. Partnering with business leaders, we drive internal change across all parts of a global enterprise - accounting; finance; governance, risk and compliance management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management; and legal and regulatory.
RGP was founded in 1996 within a Big Four accounting firm. Today, RGP is
a subsidiary of a publicly traded company,
Headquartered in
View source version on businesswire.com: http://www.businesswire.com/news/home/20170918006359/en/
RGP:
720.904.8575
russ.mcguire@rgp.com
Source: RGP
News Provided by Acquire Media