Privacy Risk Assessment

A Privacy Risk Assessment (PRA), often implemented through a Privacy Impact Assessment (PIA), is a systematic process to identify, analyze, and mitigate potential risks to the privacy of individuals resulting from the collection, processing, and use of personal data. It helps organizations implement appropriate controls to ensure compliance with regulations and protect data subjects' rights.

Taiwan's Personal Data Protection Act (PDPA) imposes fines of up to NT$15 million for data breaches resulting from inadequate security measures. Furthermore, the EU's GDPR has a significant impact on global supply chains, with international clients often requiring PIA reports as a business prerequisite. Neglecting this can lead to severe financial penalties and loss of business opportunities.

Key related standards include: ISO/IEC 27701 (Privacy Information Management System), which requires organizations to conduct PIAs; ISO/IEC 29134, which provides guidelines for conducting PIAs; and Article 35 of the EU's GDPR, which mandates Data Protection Impact Assessments (DPIAs) for high-risk processing activities.

As Taiwan's first consultancy integrating ERM, tech law, and data science, Winners Consulting offers unique expertise. Led by a founder with a preventive law background, our interdisciplinary team of tech lawyers and ISO Lead Auditors vertically integrates PIAs with ISO certification and corporate governance, preventing redundant systems. Our experience with industry leaders like TSMC and MediaTek ensures practical, value-added compliance.