Client: Leading diversified global wealth management and investment banking company.
Overview: Review of data transfers from the UK and EU to the US alongside a through and detailed review of employee and customer privacy.
Objective: Following the Schrems II judgment which invalidated the EU-US Privacy Shield, there was a need to interrogate all transfers to the US. We treated these on a case-by-case basis to fully assess each transfer, considering specifically the mitigation of surveillance risk.
Solution: Securys undertook a thorough and detailed audit of employee and customer privacy across the UK and EMEA. Amongst our other activities, this involved interviewing key personnel and reviewing relevant documentation. This process allowed all transfers to the US to be identified and properly assessed. We provided a summary report that highlighted areas of best practice along with practicable implementable solutions for areas where improvement was required.
We continue to work with the privacy office team to provide ongoing support.