Risk Assessment and Management

The storage and processing of data carries risks such as theft, loss and damage. When the data is essential for the running of a business, failure to adequately plan for and mitigate these risks can carry heavy business costs. Where peoples’ personal data is concerned there are also serious regulatory considerations. The maximum fine for a breach of the Data Protection Act is £500,000, and when GDPR comes into force this will rise to €20,000,000. We can help you to assess your current level of risk and help you to develop and implement a thorough risk management process, allowing you to assess and improve your risk management policies and capabilities, lowering your level of risk.