Question

A multinational retailer established its privacy policy suite three years ago. Since then, two new regional privacy laws have taken effect, the company launched a loyalty program with behavioral analytics, and it acquired a subsidiary in another country. During an internal audit, the privacy officer discovers the policies have not been updated since publication. What should the privacy officer recommend as the MOST effective long-term corrective action?

Accepted Answer

Establish a scheduled and event-triggered policy review process that reassesses privacy policies against regulatory, business, and technology changes

Answer

Immediately rewrite all privacy policies to reflect the two new regional laws and the loyalty program

Answer

Delegate policy maintenance entirely to the legal department to ensure regulatory accuracy

Answer

Add a disclaimer to existing policies stating they are subject to change without notice