Executive Summary (This is a document excerpt)

The second step in building your corporate privacy program is establishing formal oversight for it. Appoint a chief privacy officer to establish a clear vision and mission for the organization. Create a committee that includes representatives from each line of business, as well as legal, risk management, compliance, audit, and other departments. Initiate a formal assessment program based on clearly defined metrics that you can use to review compliance with corporate policies and the impact of privacy within each line of business. Finally, factor privacy into your overall enterprise risk management strategy and business practices.

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