The EU-US Privacy Shield has become formally available (by August 1, 2016), and firms may join the united states Department of Commerce to get certified. With the self-certification process, companies can assert their data collection and processing practices have been in compliance using the new Privacy Shield data protection standards, but must provide transparent and cost-effective dispute resolution mechanisms.
Although this now gives obvious directive for all of us companies with regards to compliance with individual privacy of EU citizens, meeting these new standards may need some alterations in data management practices.
Privacy Shield institutes fundamental legal rights of EU citizens over their private data when it’s transferred overseas – particularly towards the U . s . States. The agreement stipulates that companies must provide obvious explanations of methods private information is collected, processed, and shared, in simple language that may be easily understood through the general population. Additionally, private data may be utilized with the objective that’s mentioned during the time of collection, as well as for which consent continues to be given, and then any other use requires further explicit approval.
We’ve come up with a white-colored paper and number of blog entries to supply guidance round the EU-US Privacy Shield, and just what the main concepts mean for businesses coping with transatlantic commerce. Register today!