Question

A newly appointed privacy leader at a mid-sized retailer has completed a privacy maturity assessment that revealed gaps across consent management, data retention, and vendor oversight. Executive leadership has approved a limited budget and asked for a multi-year privacy strategy. What should the privacy leader do FIRST to develop the strategy?

Accepted Answer

Prioritize remediation initiatives based on regulatory risk exposure and alignment with business objectives

Answer

Purchase a consent management platform to address the most visible customer-facing gap immediately

Answer

Benchmark the organization's maturity scores against industry competitors to justify additional funding

Answer

Establish detailed key performance indicators for each identified gap to track future progress