• About
  • News
  • Office Locator
  • Careers
  • Contact Us
  • Subscribe
CohnReznick
  • Industries
  • Services
  • Insights
  • Events
  • People
  • About
  • News
  • Office Locator
  • Careers
  • Contact Us
CohnReznick
  • Industries
    • Recent Insights

      • Case Study: Horizon Air Freight

      • Checklist for a trust-based capital strategy

      • View More
    • Consumer & Industrial

      • Hospitality
      • Manufacturing & Distribution
      • Consumer

      Financial Sponsors & Financial Services

      • Broker Dealers
      • Independent Sponsors
      • Family Offices
      • Hedge Funds
      • Private Equity
      • Small Business Investment Companies (SBICs)
      • Special Purpose Acquisition Companies (SPACs) Services
      • Venture Capital
    • Life Sciences & Healthcare

      • Life Sciences
      • Healthcare

      Public Sector

      • Government Contracting
      • Government
      • Not-for-Profit & Education

      Real Estate

      • Affordable Housing
      • Commercial Real Estate
      • Construction
      • Corporate Real Estate
      • Opportunity Zones
      • Tax Credits
    • Renewable Energy

      Technology & Media

      Private Clients

      • Entertainment
      • Law Firms
      • Medical Practices
      • Private Clients

      Cannabis

  • Services
    • Recent Insights

      • Middle Market Deal Source

      • Remembering Fred Copeman: Friend – Partner – Affordable Housing Champion

      • View More
    • Advisory

      • Accounting Advisory
      • Analytics & Data
      • CFO Advisory
      • CIO Advisory
      • Cybersecurity, Technology Risk, Privacy
      • Emergency Management
      • Enterprise Technology Solutions
      • Project Finance and Consulting
      • Real Estate Advisory
      • Restructuring & Dispute Resolution
      • Risk Advisory
      • Transactions
      • Valuation
    • Accounting & Assurance

      • Accounting Advisory
      • Accounting Services
      • Attest & Audit
      • Employee Benefit Plans
      • Lease Accounting
      • Paycheck Protection Program (PPP) Loan Forgiveness Assistance

      Tax

      • Federal Tax
      • International Tax
      • Exempt Organizations Tax Services
      • Private Clients
      • SBA Disaster Loan Assistance
      • State & Local Tax
      • Tax Credits
      • Trusts & Estates
    • Affiliated Companies

      • Asset Management & Insurance
      • Benefits Brokerage & Consulting
      • Capital Markets Advisory
      • Corporate Real Estate
      • Equity & Capital Placement
      • Government Contracting Technology Consulting
      • Risk Insurance Consulting
  • Insights
    • Recent Insights

      • Never underestimate the role of tax due diligence in independent sponsor transactions

      • New law permits PPP loan recipients to obtain Employee Retention Credits, extends and expands ERC for 2021

      • View More
    • Topics

      • CFOs: From survival to revival
      • CohnReznick & Major League Baseball®
      • Coronavirus Resource Center
      • Creating value by building trust
      • GovCon360° Resource Center
      • All Insights
      • Integrated business planning
      • Optimizing outcomes for distressed situations
      • Housing tax credit data analysis and report
      • SPACs: An alternative to traditional IPOs
      • Strategic tax issues for capital markets
  • Events
  • People
  1. CohnReznick: Advisory, Assurance, Tax Firm
  2. Services
  3. Advisory
  4. Risk Advisory
  5. Cybersecurity, Technology Risk, Privacy
  6. Privacy
    Share CohnReznick
    Share
  • Print

Privacy

With data becoming the new cyber currency and data-gathering activities accelerating, companies are expected to demonstrate a commitment to accountability, lawfulness, transparency, and data protection. The rising tide of regulatory compliance and expansion of data across the extended enterprise requires organizations to re-engineer their business practices, redesign their data privacy policies and practices, and rearchitect their applications and backend infrastructure.

Too many organizations have yet to approach cybersecurity and privacy holistically. Policies that disclose how a customer’s data is collected, shared, stored, and used must be aligned with the processes & controls that operationalize those policies.

CohnReznick takes a strategic approach to helping organizations implement a comprehensive data privacy program. Using a proven data privacy framework, we help organizations establish an effective governance structure, improve policies and regulatory awareness, enhance data management practices, and devise a robust privacy strategy and roadmap. A holistic privacy management program can give organizations a differentiating, competitive advantage.

Policy & regulation awareness

CohnReznick helps organizations assess the validity of the mechanisms and resources in place to manage privacy within the organization. We do this by helping identify applicable laws, regulations, and gaps.

Data management

CohnReznick helps companies with the complete data governance lifecycle by conducting a comprehensive and accurate inventory of its data assets with appropriate classification, determining the different levels of access, implementing protection mechanisms, documenting retention requirements, and establishing secure disposal practices of the data and the assets across the organization’s environment.

Privacy strategy architecture and development

We help design an applicable privacy roadmap tailored to the company’s ecosystem to make certain the organization’s privacy strategy allows the company to continuously measure and improve operations and ensure continued adherence to changing privacy policies. It is imperative that the privacy strategy and architecture are well-defined and documented, and that policies, standards, and procedures are well-documented and communicated.  

Privacy policy and governance

CohnReznick helps companies develop privacy policies and procedures in alignment with privacy laws and regulations.

Privacy compliance

Many principles affect the operationalizing of a comprehensive privacy program. CohnReznick helps companies monitor compliance according to internal and third-party privacy policies. We help put a process in place for how to respond to requests from individuals (rights of “to be informed,” “access,” “rectification,” “erasure,” “stop processing,” and “data portability”) and conduct privacy awareness campaigns and training.

Security interface

We help organizations ensure that privacy requirements are embedded in the organization’s information security policies and procedures, and that there is a process in place to respond to privacy-related data breaches.

Our privacy lifecycle framework helps companies develop their privacy programs through six strategic phases.

 

  • Governance
  • Policy and regulation awareness
  • Data management
  • Strategy and architecture
  • Prioritize and implement
  • Operations
  • Continuous improvement

advisory privacy

  • Select a stage to learn more.
  • Governance
    Establish the overarching organizational roles and responsibilities to help ensure the appropriate governance is in place to manage privacy within the organization.
  • Policy and regulation awareness
    Ensure the organization understands and plans to meet applicable laws, regulations, and other requirements related to privacy.
  • Data management
    Ensure that the company has a complete and accurate inventory of data assets, that it grants access to personal data only to authorized people, that the data is used, ethically, only for the purposes in which it has been collected, and that the data is secure.
  • Strategy and architecture
    Define and document privacy strategy, solutions architecture, and roadmap. The policies, standards, and procedures should also be defined, documented, published, and maintained.
  • Prioritize and implement
    Implement the privacy roadmap, solutions architecture, policies, standards, and procedures in a timely manner within organizational, technical, resource, and budgetary constraints.
  • Operations
    Respond to privacy-related data breaches and monitor compliance with internal and third-party privacy policies while also responding to requests from individuals (rights of “to be informed,” “access,” “rectification,” “forgotten,” “stop processing,” and “data portability”).
  • Continuous improvement
    Continuously measure and improve privacy operations to help ensure continued adherence to changing privacy requirements.
Bhavesh N. Vadhani
CISA, CRISC, CGEIT, PMP, CTRP, Principal, National Director, Cybersecurity, Technology Risk, and Privacy
View full biography
Contact Bhavesh
On-Demand Webinar: You Transitioned to a Remote-Work Environment. Have Your Cyber & Privacy Policies & Practices Moved With You?
Watch now
Coronavirus Highlights Need For Proactive, Continuous Contingency Planning
Learn more
Effective data privacy: Improving customer trust in the COVID-19 era
Learn more
Related Insights
  • Insight
    Start preparing now to earn points on GSA’s Polaris contract opportunity
    Jeff Shapiro, Bhavesh Vadhani
    Learn what self-assessments, certifications, and other potential requirements to consider now for this upcoming IT services government contracting opportunity.
  • Insight
    Digital by Design - A CohnReznick Advisory podcast
    Business leaders need strategies that address current and future changes, support remote work, and enable business continuity. Learn more in our Episode 3.
  • Case Study
    Case Study: Reduce costs and time spent on SoD management with efficient, automated solutions and processes
    Read how CohnReznick and Greenlight Technologies software helped a company strengthen controls around segregation of duties with new processes and automation.
  • Insight
    California’s new Consumer Privacy Rights Act: What you need to know
    Daryouche Behboudi, Deborah Nitka
    Businesses that collect California consumers’ personal data will soon need to comply with a new set of rules under the control of a new state agency. Read more.
  • Contact Us
  • Subscribe
  • Follow:
Industries
Consumer & Industrial
  • Hospitality
  • Manufacturing & Distribution
  • Consumer
Financial Sponsors & Financial Services
  • Broker Dealers
  • Independent Sponsors
  • Family Offices
  • Hedge Funds
  • Private Equity
  • Small Business Investment Companies (SBICs)
  • Special Purpose Acquisition Companies (SPACs) Services
  • Venture Capital
Life Sciences & Healthcare
  • Life Sciences
  • Healthcare
Public Sector
  • Government Contracting
  • Government
  • Not-for-Profit & Education
Real Estate
  • Affordable Housing
  • Commercial Real Estate
  • Construction
  • Corporate Real Estate
  • Opportunity Zones
  • Tax Credits
Renewable Energy
Technology & Media
Private Clients
  • Entertainment
  • Law Firms
  • Medical Practices
  • Private Clients
Cannabis
Services
Advisory
  • Accounting Advisory
  • Analytics & Data
  • CFO Advisory
  • CIO Advisory
  • Cybersecurity, Technology Risk, Privacy
  • Emergency Management
  • Enterprise Technology Solutions
  • Project Finance and Consulting
  • Real Estate Advisory
  • Restructuring & Dispute Resolution
  • Risk Advisory
  • Transactions
  • Valuation
Accounting & Assurance
  • Accounting Advisory
  • Accounting Services
  • Attest & Audit
  • Employee Benefit Plans
  • Lease Accounting
  • Paycheck Protection Program (PPP) Loan Forgiveness Assistance
Tax
  • Federal Tax
  • International Tax
  • Exempt Organizations Tax Services
  • Private Clients
  • SBA Disaster Loan Assistance
  • State & Local Tax
  • Tax Credits
  • Trusts & Estates
Affiliated Companies
  • Asset Management & Insurance
  • Benefits Brokerage & Consulting
  • Capital Markets Advisory
  • Corporate Real Estate
  • Equity & Capital Placement
  • Government Contracting Technology Consulting
  • Risk Insurance Consulting
Insights
CFOs: From survival to revival
CohnReznick & Major League Baseball®
  • Business of Food
  • Community Development
  • Community Outreach
  • Elevating The Fan (Customer) Experience
  • Managing for Success
  • Mayor of the City
Coronavirus Resource Center
  • Federal coronavirus resources: Legislation, loans, and tax relief
  • SALT coronavirus resources
Creating value by building trust
GovCon360° Resource Center
  • The Cybersecurity Maturity Model Certification (CMMC)
Integrated business planning
  • Integrated business planning for manufacturing
  • Integrated business planning for retail
Optimizing outcomes for distressed situations
Housing tax credit data analysis and report
SPACs: An alternative to traditional IPOs
Strategic tax issues for capital markets
Events
People
Contact Us
Offices
© 2020 CohnReznick LLP, All Rights Reserved. Terms of Use & Disclosures Privacy Policy

“CohnReznick” refers to CohnReznick LLP or any of its subsidiaries or affiliates. Each entity is a separate legal entity and solely responsible for its own acts and/or omissions.

CohnReznick LLP is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and each of its member firms are separate legal entities and not part of a worldwide partnership.  Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members.