Privacy Risk

Privacy risk is the potential for an organization to violate regulations, such as Article 5 (proportionality principle) or Article 20 (use outside of specified purposes) of Taiwan's Personal Data Protection Act, leading to data theft, misuse, or leakage, thereby harming data subjects' rights and causing complaints, lawsuits, and regulatory fines.

Taiwan's PDPA imposes fines of up to NT$15 million and can order the cessation of data processing. Furthermore, international regulations like the EU's GDPR have extraterritorial effects. If a company is part of a global supply chain (e.g., semiconductors, automotive), clients often require PIMS (e.g., ISO 27701) certification, and non-compliance can lead to loss of business. Negligence can result in severe fines, business interruption, and reputational damage.

The primary related standard is ISO/IEC 27701 (Privacy Information Management System), which is an extension of ISO/IEC 27001 (Information Security Management System). In terms of international regulations, the EU's General Data Protection Regulation (GDPR) is key, especially Article 5 (principles relating to processing), Article 25 (Data protection by design and by default), and Article 32 (Security of processing), which are core tenets for establishing a PIMS.

Winners Consulting is Taiwan's first consultancy to integrate ERM, industrial engineering, technology law, and data science. We don't just help implement ISO 27701; guided by our founder's preventive law philosophy, our team of tech lawyers and ISO lead auditors seamlessly integrates legal compliance (e.g., PDPA, GDPR) with corporate governance and internal controls. We serve top-tier clients like TSMC and MediaTek, preventing redundant systems and achieving truly effective risk management.