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Protiviti Launches New 'Privacy as a Service' Offering Amid Heightened Security Concerns

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Protiviti has introduced Privacy as a Service (PraaS™), addressing privacy needs heightened by the Covid-19 pandemic. This managed service helps organizations implement compliance measures and navigate evolving regulations. Key features include data inventory management, DSR request handling, and ongoing monitoring of privacy legislation. Protiviti aims to support small and mid-sized firms facing recruitment challenges in the privacy sector. The service was developed in response to client demand for sustainable and cost-effective privacy solutions.

Positive
  • Launch of Privacy as a Service aims to address increasing compliance needs.
  • Offers comprehensive support for small and mid-sized companies struggling with privacy regulations.
  • Provides end-to-end expertise, enhancing client operational efficiency.
Negative
  • Ongoing recruitment challenges for skilled privacy professionals may hinder effectiveness.
  • Small and mid-sized firms may still struggle with compliance despite the new offering.

MENLO PARK, Calif., Oct. 15, 2020 /PRNewswire/ -- Global consulting firm Protiviti has launched a new privacy offering in response to the evolving privacy landscape, which has been exacerbated by the Covid-19 pandemic. Privacy as a Service (Protiviti PraaS™), is a managed service privacy offering helping companies assess their privacy needs, implement effective compliance measures and respond to new and changing regulations.

"You cannot have privacy without security – the two go hand in hand. In the current environment where employees are working remotely all over the world, it's more important than ever that businesses have comprehensive policies, controls and assessments in place and that privacy concerns aren't pushed to the backburner," said Curt Dalton, managing director and global leader of Protiviti's Security and Privacy practice. 

The customized Protiviti PraaS privacy offering is focused around five main priority areas, allowing companies to focus on their core operations by automating privacy-related functions and providing much needed support and expertise when it comes to managing corporate data and keeping up with changing legislation across jurisdictions globally:

  • Recurring Data Inventory, Classification and Assessments
  • Data Subject Rights (DSR) Request Management
  • Privacy Platform Management
  • Privacy by Design Assessment and Engineering
  • Monitoring Privacy Legislation and Program Management

Additionally, recruiting and retaining talent who have the skills required to react, respond and advise on the complex and ever-changing privacy landscape continues to pose a substantial hurdle for organizations, especially mid-sized firms.

"All industries are compelled to enhance their privacy protections due to increased regulation, from GDPR to the Privacy Shield, and from rising client expectations for firms to protect their data. Companies, especially small and mid-sized organizations, are struggling to find the right talent to achieve and maintain compliance. Protiviti PraaS service was born out of client demands for a cost-effective, sustainable privacy solution for businesses that lack the budget and capabilities for a full in-house privacy team," said Terry Jost, a Protiviti managing director and leader of the firm's Managed Security Services. "We can provide end-to-end expertise to our clients, from preventative measures to ongoing privacy management and through resolution of obligations."

Companies interested in leveraging Protiviti PraaS service offering can visit the website.

About Protiviti

Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, analytics, governance, risk and internal audit through its network of more than 85 offices in over 25 countries.

Named to the 2020 Fortune 100 Best Companies to Work For® list, Protiviti has served more than 60 percent of Fortune 1000 and 35 percent of Fortune Global 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.

Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.

Editor's note: Photos available upon request.

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SOURCE Protiviti

FAQ

What is Protiviti's new service launched on October 15, 2020?

Protiviti launched Privacy as a Service (PraaS™), a managed service to help businesses assess privacy needs and comply with regulations.

How does Privacy as a Service benefit companies?

It automates privacy-related functions, aiding compliance, especially for small and mid-sized firms.

Why is the launch of Privacy as a Service significant?

It addresses heightened privacy concerns due to Covid-19 and evolving regulations, helping organizations protect client data.

What are the main focus areas of Protiviti's Privacy as a Service?

The service focuses on data inventory, DSR management, privacy platform management, engineering, and legislation monitoring.

Who is Protiviti's parent company?

Protiviti is a wholly owned subsidiary of Robert Half, which is listed on the NYSE under the ticker RHI.

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