BUREAU VERITAS CERTIFICATION Publishes the World’s First Personal Data Protection Standard
Bureau Veritas Certification has released a technical standard and certification to support companies in their digital transformation and promote confidence in big data.
The new certification from Bureau Veritas Certification is based on the world's first technical standard focused on the management of personal data protection by companies. This standard was prepared by Bureau Veritas Certification, in collaboration with Lexing®, an international network of lawyers specialized in personal data protection.
The purpose is to offer companies an established, independent and credible certification pertaining to the management of the personal data they collect. Certified companies will be able to demonstrate that they manage the personal data they collect in accordance with regulatory requirements and the expectations of their stakeholders.
The new certification anticipates the General Data Protection Regulation (GDPR), which is due to come into force in May 2018 across all 28 European Union member states. The Regulation applies to companies based anywhere in the world that process or hold the personal data of EU citizens.
Furthermore, 80-90% of citizens have expressed concern regarding the protection of their personal data. Data breaches, global cyberattacks and leaks of classified information have now become regular occurrences. This climate of distrust has tended to intensify with big data, even as the General Data Protection Regulation will require organizations that process data to comply with much higher standards.
"Digital responsibility has emerged as one of the major challenges facing companies in coming years. Our framework integrates standards for managing the protection of personal data, such as obtaining consent, proportionality and retention periods, without fundamentally changing a company’s processes or structure", said Sébastien Fox, Vice President Certification Service Line, Bureau Veritas Group.
Companies need to take the lead and anticipate digital transformation by going beyond mere compliance with regulations. Responsible data management will give certified companies an additional way to protect and differentiate their brands, while restoring the trust of consumers, customers, patients and other stakeholders.
"All these steps will only be reassuring if they are clear, and if the assurances given about the protection of individuals’ fundamental rights and freedoms are credible. On this point, only an independent third party can legitimately affirm that ethical rules have been respected. As a global leader in certification, Bureau Veritas Certification is now working with companies in all sectors who want to engage in a rigorous and transparent manner," said Philippe Jeanmart, Senior Vice President Technical, Quality & Risk, Bureau Veritas.
According to Alain Bensoussan, Lexing’s Founder and President, "at a time when this Regulation marks a major turning point in the regulation of personal data, we are pleased and proud to have developed a technical standard to integrateGDPR requirements into company processes in partnership with Bureau Veritas, a world leader in its sector". And the lawyer added: "This framework will allow companies to attest their compliance with the new requirements arising from the Regulation and to enable them, in the face of this upheaval of their digital environment and the changing rules of the data game, to ensure that they have anticipated and implemented the essential measures necessary to be ready by May 2018".
About Bureau Veritas
Bureau Veritas is a world-leading provider in laboratory testing, inspection and certification. Created in 1828, the Group has more than 69,000 employees in around 1,400 offices and laboratories all across the world. Bureau Veritas helps its clients to improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on Euronext Paris and belongs to the Next 20 index.
Compartment A, code ISIN FR 0006174348, stock symbol: BVI.
For more information, visit www.bureauveritas.com
Lexing is the first international network of lawyers dedicated to digital and technology law. Lexing® allows multinationals to benefit from the assistance of seasoned lawyers worldwide with established competence in the field of new technologies in their respective countries. Techniques and businesses are the same in all countries; the only differentiating factor is the law applicable to them. The Lexing® network now comprises some thirty law firms on all 5 continents.
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Mori Building and teamLab Launch Unprecedented Digital Art Museum21.6.2018 02:00 | Pressemelding
“MORI Building DIGITAL ART MUSEUM: teamLab Borderless,” an unprecedented digital art museum — jointly created and operated by Mori Building Co., Ltd, a leading urban landscape developer, and teamLab, a world-leading digital art collective — opened today, the two organizers announced. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180620005005/en/ Toshiyuki Inoko, Founder of teamLab (Photo: Business Wire) The digital art museum features approximately 50 interactive artworks, some completely new, in a huge 10,000m² area with five zones. The interactive artworks have no borders separating them from the other works. Some extend beyond their installation rooms and into the corridors, some overlap with other works and some even fuse with other works. Since there are no boundaries, the immersive works keep the boundaries between people in a state of continuous flux. Visitors physically enter and explore the works as well as experie
Keihin Switches to Rimini Street Support for Oracle EBS20.6.2018 23:00 | Pressemelding
Rimini Street, Inc., (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that Keihin Corporation, a leading Japanese automotive parts manufacturer, has switched to Rimini Street support for its Oracle E-Business Suite (EBS) system. By switching to Rimini Street, Keihin now receives a more comprehensive, responsive service for its Oracle EBS application and support for its custom, add-on code for a guaranteed minimum of 15 additional years from the date they switched, with no required upgrade to remain supported. In addition to receiving vastly improved service, Keihin also immediately realized savings of 50 percent in annual support fees. This cost savings of several tens of millions of yen annually can now be reinvested into more important initiatives in the IT organization, such as the development of a future cloud environment. This press release features mul
Results of MSCI 2018 Market Classification Review20.6.2018 22:08 | Pressemelding
MSCI Inc. (NYSE:MSCI), a leading provider of indexes and portfolio construction and risk management tools and services for global investors, announced today that beginning in June 2019, it will include the MSCI Saudi Arabia Index in the MSCI Emerging Markets Index, the MSCI ACWI Index, and other global and regional indexes as applicable. This decision follows the implementation in the Saudi Arabia equity market of a number of regulatory and operational enhancements which effectively increased the opening of the market to international institutional investors. The proposal for inclusion received the support of the vast majority of international institutional investors that participated in the consultation. MSCI will include the MSCI Saudi Arabia Index in the MSCI Emerging Markets Index, representing on a pro forma basis a weight of approximately 2.6% of the index with 32 securities, following a two-step inclusion process. The first inclusion step will coincide with the May 2019 Semi-Ann
Quanergy Solid State LiDAR Wins Juniper Research Top Automotive Award20.6.2018 20:46 | Pressemelding
Quanergy Systems, Inc., a global leader in the design and development of solid state LiDAR sensors and smart sensing solutions, today announced that its innovative LiDAR sensors have been selected as Best Consumer Product in Automotive and Telematics by Juniper Research in its annual Future Digital Awards for Technology and Innovation. Audi's AI Traffic Jam Pilot was named runner-up in the same category. The Future Digital Awards are awarded to companies that have made outstanding contributions to their industry and who are positioned to make a significant impact in the future. “Juniper’s Future Digital Award is a testament to the hard work our team has put into developing the world’s most affordable and most reliable LiDAR technology and products,” said Dr. Louay Eldada, CEO and co-founder of Quanergy. “With momentous strides made in the autonomous vehicle space, Quanergy continues to deliver innovative solutions, including our S3 solid state LiDAR sensor, that will enable self-drivin
Cushman & Wakefield Files Registration Statement for Proposed Initial Public Offering20.6.2018 17:20 | Pressemelding
Cushman & Wakefield today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC and UBS Investment Bank will serve as joint book-running managers and representatives of the underwriters for the offering. Barclays Capital Inc., BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and William Blair & Company, L.L.C. will also serve as joint book-running managers for the offering. The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, J.P. Mor
Emirati Businessman and Philanthropist Abdul Aziz Al Ghurair Establishes an Education Fund for Arab Refugee Children & Youth From Countries Affected by Wars and Disasters20.6.2018 17:15 | Pressemelding
On World Refugee Day, Abdul Aziz Al Ghurair, Emirati businessman and philanthropist, announced the Abdul Aziz Al Ghurair Refugee Education Fund, a new 100M AED initiative to benefit 5,000 children and youth over 3 years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180620006060/en/ His Excellency Abdul Aziz Al Ghurair, Emirati businessman and philanthropist (Photo: AETOSWire) Abdul Aziz Al Ghurair said: “I established this fund because I believe that philanthropists have a role in helping to address one of the most acute challenges of our region: lack of education opportunities for young people who need it the most.” The Fund will award grants to support secondary, vocational and tertiary education programs for refugee youth in Jordan and Lebanon. It will also support children of families who due to wars and disasters in their home countries, temporarily reside in the UAE but are unable to afford school fees. The first rou