For many companies, appointing a data protection officer (DPO) is a mandatory step and one that entails a bevy of questions, not least of which pertains to the financial burden involved. But how justified is this concern? How will a data protection officer affect your bottom line? In this article, we’ll take a closer look.
What a data protection officer will cost your company depends on a number of factors, among them the model you decide to follow. Costs for outsourced DPO services can run at as little as £60 a month. This will depend on the size of your company, your data protection requirements, and the DPO service provider’s options. Many cheaper service providers only offer you to be their officially announced DPO, but no further (consulting) services. But a good rule of thumb is: Outsourcing the DPO role to an external provider incurs lower costs than appointing an internal staff member.
Are you looking for an external data protection officer?
- Tested & certified GDPR expert
- Industry-specific data protection expertise
- Personal and individual advice
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