Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Kroll Launches Data Protection Officer Consultancy Services Ahead of GDPR
    Top Stories

    Kroll Launches Data Protection Officer Consultancy Services Ahead of GDPR

    Kroll Launches Data Protection Officer Consultancy Services Ahead of GDPR

    Published by Gbaf News

    Posted on May 25, 2018

    Featured image for article about Top Stories

    New Kroll Offering in Collaboration With Preeminent Data Privacy Law Firms to Aid Clients in Complying with Mandatory DPO Requirements of EU General Data Protection Regulation

    Kroll, a global leader in risk mitigation, investigations, compliance, cyber security, and incident response solutions, has launched Data Protection Officer (DPO) Consultancy Services ahead of the introduction of the European Union General Data Protection Regulation (GDPR) on May 25, 2018. Kroll’s DPO Consultancy Services are an expansion of Kroll’s global Cyber Security and Investigations practice and are being provided in collaboration with preeminent data privacy law firms.

    Kroll’s DPO Consultancy Services will support organizations in becoming and staying compliant with GDPR requirements, in particular Article 37, which makes the appointment of a DPO mandatory for a wide range of organizations of any size processing large volumes of data or collecting and processing special categories of data. The mandatory DPO appointment is potentially problematic as the requirements and responsibilities of the position outnumber the skill set and qualifications of most information security, compliance, and privacy professionals available. The DPO is tasked with not only managing education and training as related to GDPR mandates for data processing, but also for conducting security audits and serving as a point of contact for government officials.

    The GDPR will apply to EU companies, multinationals with employees or customers located in the EU, and companies outside the EU that are offering services to EU persons or monitoring EU residents’ behavior in the EU. Violations of the GDPR could be sanctioned with fines as high as 4% of annual global revenue or €20 million.

    Kroll’s DPO Advisory Services will be of particular value to businesses within the EU that do not have past experience in managing the introduction of new data protection regulations. Multinationals with an EU presence or which do business with EU companies will also benefit from having subject matter experts focused on assisting with their GDPR-specific challenges.

    Andrew Beckett, Managing Director and EMEA Cyber Leader, Kroll, said: “The role of the Data Protection Officer carries a greater breadth of responsibility than just one individual can support in many cases, charged with overseeing a host of data privacy and security processes and controls intended to comply with the new GDPR requirements. Likewise, starting up and implementing a true DPO program will require time, knowledge, and resources that many organizations simply do not have. This is why Kroll has launched DPO Consultancy Services: to give our clients timely access to both technical and legal expertise so they have a team of highly experienced specialists working for them, not solely one individual.”

    Kroll, working alongside preeminent data privacy law firms, will be providing technical consulting based on its decades of expertise assisting clients with information privacy and security challenges, as well as risk assessments and investigations performed on a global scale. Kroll already has extensive experience assisting clients in addressing complex data protection regulations, including the Health Insurance Portability and Accountability Act in the U.S., Canada’s Anti-Spam Legislation, and Hong Kong’s Personal Data (Privacy) Ordinance Principle 4.

    The core set of advisory services Kroll is offering in partnership with law firm data privacy practices includes:

    Promoting GDPR awareness, including providing customized training to everyone in the enterprise, from front-line employees to board members
    Identifying information assets and process flow used to create, store, transmit, and dispose of personal data and ascertaining if they are subject to GDPR specifications
    Assisting in creating a GDPR roadmap and maturity model
    Developing data maps that identify personal data as personally identifiable information and assigning risk according to the GDPR roadmap
    Coordinating recommended assessment action plans to identify gaps in relation to GDPR requirements, including developing and managing a GDPR compliance risk register
    Working with the client to address their unique needs in addition to the core set of services
    Organizations interested in learning more about establishing and maintaining compliance with the GDPR can find information on Kroll’s DPO Consultancy Services here.

    New Kroll Offering in Collaboration With Preeminent Data Privacy Law Firms to Aid Clients in Complying with Mandatory DPO Requirements of EU General Data Protection Regulation

    Kroll, a global leader in risk mitigation, investigations, compliance, cyber security, and incident response solutions, has launched Data Protection Officer (DPO) Consultancy Services ahead of the introduction of the European Union General Data Protection Regulation (GDPR) on May 25, 2018. Kroll’s DPO Consultancy Services are an expansion of Kroll’s global Cyber Security and Investigations practice and are being provided in collaboration with preeminent data privacy law firms.

    Kroll’s DPO Consultancy Services will support organizations in becoming and staying compliant with GDPR requirements, in particular Article 37, which makes the appointment of a DPO mandatory for a wide range of organizations of any size processing large volumes of data or collecting and processing special categories of data. The mandatory DPO appointment is potentially problematic as the requirements and responsibilities of the position outnumber the skill set and qualifications of most information security, compliance, and privacy professionals available. The DPO is tasked with not only managing education and training as related to GDPR mandates for data processing, but also for conducting security audits and serving as a point of contact for government officials.

    The GDPR will apply to EU companies, multinationals with employees or customers located in the EU, and companies outside the EU that are offering services to EU persons or monitoring EU residents’ behavior in the EU. Violations of the GDPR could be sanctioned with fines as high as 4% of annual global revenue or €20 million.

    Kroll’s DPO Advisory Services will be of particular value to businesses within the EU that do not have past experience in managing the introduction of new data protection regulations. Multinationals with an EU presence or which do business with EU companies will also benefit from having subject matter experts focused on assisting with their GDPR-specific challenges.

    Andrew Beckett, Managing Director and EMEA Cyber Leader, Kroll, said: “The role of the Data Protection Officer carries a greater breadth of responsibility than just one individual can support in many cases, charged with overseeing a host of data privacy and security processes and controls intended to comply with the new GDPR requirements. Likewise, starting up and implementing a true DPO program will require time, knowledge, and resources that many organizations simply do not have. This is why Kroll has launched DPO Consultancy Services: to give our clients timely access to both technical and legal expertise so they have a team of highly experienced specialists working for them, not solely one individual.”

    Kroll, working alongside preeminent data privacy law firms, will be providing technical consulting based on its decades of expertise assisting clients with information privacy and security challenges, as well as risk assessments and investigations performed on a global scale. Kroll already has extensive experience assisting clients in addressing complex data protection regulations, including the Health Insurance Portability and Accountability Act in the U.S., Canada’s Anti-Spam Legislation, and Hong Kong’s Personal Data (Privacy) Ordinance Principle 4.

    The core set of advisory services Kroll is offering in partnership with law firm data privacy practices includes:

    Promoting GDPR awareness, including providing customized training to everyone in the enterprise, from front-line employees to board members
    Identifying information assets and process flow used to create, store, transmit, and dispose of personal data and ascertaining if they are subject to GDPR specifications
    Assisting in creating a GDPR roadmap and maturity model
    Developing data maps that identify personal data as personally identifiable information and assigning risk according to the GDPR roadmap
    Coordinating recommended assessment action plans to identify gaps in relation to GDPR requirements, including developing and managing a GDPR compliance risk register
    Working with the client to address their unique needs in addition to the core set of services
    Organizations interested in learning more about establishing and maintaining compliance with the GDPR can find information on Kroll’s DPO Consultancy Services here.

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostDataBank Announces Expansion of Pittsburgh Data Center
    Next Top Stories PostCommerce Bancshares Chooses SS&C for CECL Transition