Industry & Business

Ward Solutions invests €300,000 to launch new GDPR consultancy service

 Breaking News
  • Greencore to Divest US Business in $1 Billion Deal Greencore Group, the Irish and UK convenience food business, has agreed to sell its entire US business to an affiliate of Hearthside Food Solutions for US$1.075 billion (£817 million) on a cash and debt-free basis. Hearthside is a major US contract food manufacturer with a heritage in US food industry outsourcing. The disposal will leave [...]...
  • Research and Innovation Critical to Business Success Post Brexit The Managing Director of the Industry Research and Development Group (IRDG) says increased investment in research and innovation by both the business sector and the State is critical in order for Irish businesses to survive the hard hitting impact of Brexit. Denis Hayes says despite budget 2019 proposals State expenditure on research and innovation will [...]...
  • Irish Distillers to Invest €150 Million in Sites in Cork and Dublin Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets [...]...
  • CM Precision Components Opens New Purpose-built Factory in Downpatrick Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road Industrial Estate. The advanced engineering firm has invested almost £1 million in the construction project, to expand its production capabilities and meet the growing demands of its customers. CM Precision Components produces precision machined components for [...]...
  • Arkphire Secures New Investment IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million. Arkphire provides [...]...

Ward Solutions invests €300,000 to launch new GDPR consultancy service

Ward Solutions invests €300,000 to launch new GDPR consultancy service
August 11
09:00 2017

Leading information security provider, Ward Solutions, has announces that it has invested €300,000 to launch a new GDPR consultancy service for Irish businesses. The new service will help organisations around Ireland to achieve and demonstrate compliance with incoming General Data Protection Regulation, due to come into force on 25th May next year. Ward has established a dedicated team of fifteen consultants to deliver the service and is forecasting that it will generate €500,000 in new revenue from this new service in the first 12 months.

Any company that processes personal data will be required to comply with GDPR, and failure to demonstrate compliance could lead to companies facing fines of up to €20 million or 4% of global turnover, depending on which is greater.

The launch of the service represents a €300,000 investment for Ward, in employee training, certification and new hires. The company’s team of consultants have attained GDPR-specific certifications such as the Certified Data Protection Practitioner from ICS Skills, the EU General Data Protection Regulation Certificate from the International Board for IT Governance, and the Certificate in Data Protection Practice from the Law Society of Ireland.

To help its clients ensure compliance with GDPR, Ward Solutions offers a wide range of services as part of its new offering. Consultants will help companies to assess compliance readiness and identify the different types of data in their possession. In-depth gap analysis and remediation planning will identify the steps that organisations need to take to become compliant, and Ward will develop comprehensive programmes of work to help businesses achieve and maintain compliance to the regulation.

In addition, Ward’s Data Protection Officer as-a-service will provide organisations with access to an information security privacy specialist who will provide expert knowledge of GDPR and data privacy best practice, and oversee the implementation of GDPR throughout the organisation.

Paul Hogan, chief technology officer, Ward Solutions, said: “With GDPR looming on the horizon, there are huge fines in play for any organisation that fails to demonstrate compliance. This new GDPR consultancy service from Ward Solutions will enable Irish companies to identify what personal data they are processing, where it is located and what their legal justifications for processing are. This will allow organisations to establish whether or not the manner in which they process personal data is compliant with GDPR. Ward can also deliver a data protection programme to address any shortcomings, and put the necessary governance and accountability structures in place to enable organisations to achieve and demonstrate compliance.

“Demand for this service is so high that fifteen of our experienced data privacy consultants are now working solely on GDPR, and will be continuing to do so for the foreseeable future. We are forecasting new revenues of €500,000 from this service alone, which will have an enormously positive effect on the company on the whole.

“We’re looking forward to helping organisations throughout the country to achieve GDPR compliance. Our holistic and consolidated approach will make it possible to identify, design and implement a privacy protection programme that is in-line with an organisation’s unique needs, budget and in-house capabilities.”

About Author

editor

editor

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4