Privacy audits affirm your organization’s compliance with regulatory requirements like GDPR, CCPA, SOC 2 Privacy, the HIPAA Privacy Rule, and other various laws. Partnering with KirkpatrickPrice ensures your organization will know which laws and regulations to comply with. Avoid the steep fines associated with non-compliance and demonstrate your privacy commitments to your global partners.
Privacy Audit FAQs
How much does a privacy audit cost?
Pricing for a privacy audit depends on scoping factors, including how many records you hold, what type of audit you need, third parties, and if the audit is combined with any others. Pricing will also vary with the inclusion of a gap analysis or additional remediation time.
How long does a privacy audit take to complete?
The average privacy audit can take anywhere from weeks to months, depending on your level of preparedness and staff’s availability for interviews and control demonstration. To satisfy the requirements for an engagement, the auditor must validate scope, perform testing procedures, and document conclusions. These steps require time from the service organization’s management, which can be compressed or extended to meet your timeline needs. You can save time by leveraging the Online Audit Manager to maintain the audit evidence you need for compliance.
Is there a certification for doing a privacy audit?
When your organization completes a privacy audit, you receive a report stating the auditor’s opinion on the effectiveness of your controls regarding the processing and protection of personal data. These reports are not a certification. In fact, any firm that touts “GDPR certification” or “CCPA-certified” isn’t in touch with how compliance actually works. There are things like the IAPP’s CIPAA/E, CIPM, or FIP certifications, but those are given to individuals, not organizations. The ICO recently announced it’s working with the UKAS to create an ICO-approved certification scheme, but that certification is not established yet and will be voluntary. At this time, there is no mandatory, worldwide, or industry-accepted certification for privacy laws. There is only compliance that you can work towards.
How long is a privacy report valid?
The opinion stated in a privacy report is valid for twelve months following the date that the report was issued. Typically, your clients will not accept a report issued more than 12 months ago because they want your testing to be relevant for their own audit period.
What will the privacy audit experience include if completing an audit for the first time?
To begin your privacy audit journey at KirkpatrickPrice, a Privacy Impact Assessment (PIA) must first be conducted. A PIA analyzes how personally identifiable information (PII) is handled by your organization to ensure compliance with appropriate regulations, determine the privacy risks associated with your unique environment and information systems, and provide a roadmap for evaluating ways to reduce your privacy risks