KPMG Data Processing Agreement: What You Need to Know
Data privacy and security have become critical concerns for businesses worldwide, and KPMG, as a leading professional services firm, understands the importance of addressing these issues. To ensure that its clients` data is handled appropriately, KPMG has implemented a data processing agreement (DPA) that outlines the company`s obligations and responsibilities regarding clients` data, as well as their rights and obligations.
What is a Data Processing Agreement?
A data processing agreement is a legal document that outlines the terms and conditions that govern the processing of personal data. A DPA is a contract between a data controller (in this case, KPMG`s clients) and a data processor (KPMG), that defines the responsibilities and obligations of both parties when it comes to handling and processing personal data.
Why is a Data Processing Agreement Important?
Data processing agreements are essential to protecting personal data, ensuring that it is processed in accordance with data protection laws and regulations. Under the General Data Protection Regulation (GDPR), data controllers must ensure that they only work with data processors who have appropriate safeguards and measures in place to protect their personal data.
What Does KPMG`s Data Processing Agreement Include?
KPMG`s data processing agreement is designed to provide clients with the assurance that their personal data is being handled and processed in accordance with the GDPR and other relevant data protection regulations. The DPA includes the following provisions:
1. Purpose and Scope of Data Processing
The DPA outlines the purpose and scope of processing personal data and ensures that KPMG only processes data in accordance with the client`s instructions.
2. Confidentiality and Security
KPMG is required to implement appropriate technical and organizational measures to ensure the security and confidentiality of personal data. This includes measures to prevent unauthorized access, accidental loss, or destruction of personal data.
3. Data Subject Rights
The DPA outlines how KPMG will handle data subject requests, including requests for access to personal data, rectification, and erasure.
4. Data Breach Notification
In the event of a data breach, KPMG is required to notify the client as soon as possible and provide details of the breach, the personal data affected, and any remedial measures taken.
5. Subprocessing
KPMG is required to obtain prior written consent from the client before engaging any sub-processors to process personal data.
Conclusion
In today`s digital age, data privacy and security have become critical concerns for businesses worldwide. KPMG`s data processing agreement provides clients with the assurance that their personal data is being handled and processed in accordance with the GDPR and other relevant data protection regulations. By implementing appropriate technical and organizational measures and adhering to the provisions outlined in the DPA, KPMG is able to maintain the trust and confidence of their clients while ensuring that personal data is protected and processed appropriately.