Master Thesis Presentation
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The document examines Binding Corporate Rules (BCRs) and Cross Border Privacy Rules (CBPRs) as solutions for cross-border data transfers under EU and APEC privacy frameworks. BCRs allow multinational corporations to transfer data within the corporate group via a single approval process. However, BCRs currently have onerous requirements and lack legal clarity. CBPRs developed under APEC also face challenges in adequacy due to weaker privacy principles and enforcement. Global cooperation is needed to develop compatible cross-border data transfer mechanisms.
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2015-0318 GAC Presentation - BCR - 05052015
1) Binding Corporate Rules (BCRs) provide a framework for companies to legally transfer personal data within a corporate group across borders in compliance with EU data privacy laws. Several large payment companies have already implemented BCRs.
2) The EU's upcoming General Data Protection Regulation will significantly strengthen data privacy laws and compliance obligations. Companies can prepare by implementing BCRs, which establish robust privacy governance policies, procedures, and accountability.
3) BCRs help companies streamline privacy practices, demonstrate compliance, and facilitate legal data transfers both within and outside the EU. An increasing number of companies are pursuing BCR approval from European data protection authorities.
Reasons to consider Binding Corporate Rules
This document discusses Binding Corporate Rules (BCRs) as a solution for companies to comply with international data transfer requirements. It explains that BCRs allow companies to streamline privacy policies globally and prepare for new EU data protection regulations. BCRs can be applied for by any multinational company and help demonstrate commitment to privacy while providing a scalable and long-term compliance solution for international data transfers. The document compares BCRs to other transfer solutions and argues that BCRs will help companies meet many of the new compliance obligations under the upcoming EU General Data Protection Regulation.
Understanding Binding Corporate Rules
This article discusses Binding Corporate Rules (BCRs) which allow multinational companies to transfer personal data outside the European Union in compliance with EU data protection laws. It provides three key points:
1) BCRs operate as an intra-group code of conduct that sets privacy principles and rules for processing personal data. They must be legally binding on group entities.
2) There are two types of BCRs - one for data controllers and one for data processors. Over 60 BCRs have been approved to date.
3) BCRs can help prepare companies for the upcoming EU General Data Protection Regulation by already requiring accountability standards that will be mandated under the new law, such as documentation obligations
Secure and Compliant Data Management in FinTech Applications
FinTech applications handle sensitive user data and must ensure secure data management and compliance with regulations to avoid breaches. Automated techniques are needed to help with compliance analysis, security testing, and auditing given the complexity and resources required. These include machine-interpretable models of standards, automated testing of applications and protocols, run-time monitoring, and machine learning to predict vulnerabilities. Such techniques can help scale assurance efforts for secure data management in FinTech.
Data Residency: Challenges and the Need for Standards
Webinar presented live on May 11, 2017.
As data is increasingly accessed and shared across geographic boundaries, a growing web of conflicting laws and regulations dictate where data can be transferred, stored, and shared, and how it is protected. The Object Management Group® (OMG®) and the Cloud Standards Customer Council™ (CSCC™) recently completed a significant effort to analyze and document the challenges posed by data residency. Data residency issues result from the storage and movement of data and metadata across geographies and jurisdictions.
Attend this webinar to learn more about data residency:
• How it may impact users and providers of IT services (including but not limited to the cloud)
• The complex web of laws and regulations that govern this area
• The relevant aspects – and limitations -- of current standards and potential areas of improvement
• How to contribute to future work
Read the OMG's paper, Data Residency Challenges and Opportunities for Standardization: http://www.omg.org/data-residency/
Read the CSCC's edition of the paper, Data Residency Challenges: http://www.cloud-council.org/deliverables/data-residency-challenges.htm
20150630_D6 1_Legal and EthicalFrameworkand Privacy and Security Principles
This document provides an overview of the legal and ethical framework for the WITDOM project, which involves processing personal data in untrusted cloud environments. It discusses key European data protection and cybersecurity legislation and their application to new computing environments. Specifically, it examines the 1995 EU Data Protection Directive, the proposed General Data Protection Regulation, and the 2013 Network and Information Security Directive. It also assesses ethical guidelines to support human values like privacy, security and justice. The document identifies legal issues, principles and potential requirements or barriers to managing and protecting personal data in untrusted domains.
OEB Cyber Security Framework
The document discusses the development of a cyber security framework for Ontario's electricity distribution sector. It aims to establish consistent expectations for protecting privacy and ensuring reliable grid operations amid increasing cybersecurity risks from smart grid technologies. The proposed framework draws from NIST cybersecurity standards and incorporates privacy by design principles. It includes a risk profiling tool to help utilities assess cybersecurity preparedness needs based on risk levels. Reporting would involve self-assessments and board-level attestations to regulators. The framework is intended to guide utilities while allowing flexibility, and future engagement is planned with additional stakeholders.
28014_EY Safe Harbor_UK
The European Court of Justice ruled the US Safe Harbor agreement invalid for protecting data transferred from the EU to the US. Alternatives for legitimizing cross-border data transfers include standard contractual clauses, binding corporate rules, or consent from data subjects. Companies now need to evaluate their current data transfer mechanisms and determine if changes are needed to comply with EU regulations in the absence of Safe Harbor.
Session 2 ure_changingrules_final
TRPC director Dr. John Ure's presented on "Preparing for tomorrow: Regulation in a data-drive connected world" at Session 2: "The changing rules of the game" at the Inaugural ICT Regulators' Leadership Retreat, that took place in Singapore from 18 to 20 March 2015, organized by the Telecommunication Development Bureau (BDT) and the Infocomm Development Authority of Singapore (IDA).
Privacy and Security policies in the cloud
Presentation on the impact of EU data protection and cyber-security regulations/directives on cloud computing @ Public Policy Exchange symposium 'Rethinking Data Protection and Privacy in Europe: Shaping the European Digital Future', 6th July 2016
lce2011_paper_KERP
This document discusses the challenges of efficient data management for sustainable product design. It notes that legal frameworks like RoHS, REACH, and WEEE place huge demands on companies' data management systems. Existing systems for managing this data have limitations, including lack of integration between systems, uncertainty over data security, and dependence on externally controlled systems. The paper then presents a new solution called the iPoint Compliance Agent that aims to address these issues by enabling the automated exchange and integration of data across a company's internal systems and external sources to facilitate compliance checks throughout the supply chain.
How IBM Supports Clients around GDPR and Cybersecurity Legislation
The evolving regulatory environment on cybersecurity and data protection offers both possibilities and challenges for IBM and its clients.
The cloud: financial, legal and technical
The document provides an agenda for a conference on cloud computing. It discusses:
1) Financial perspectives on cloud computing from Morgan Hill, focusing on understanding real IT costs.
2) Legal and security considerations for cloud computing from Taylor Wessing, including issues around data location, security, retention, and contractual terms.
3) The technology behind Amazon Web Services' cloud platform, including its scalable and reliable infrastructure services.
It emphasizes the importance of understanding an organization's real IT costs in order to evaluate potential cost savings from cloud computing solutions. Legal and practical security issues also need clear consideration to safely utilize cloud services.
Cloud computing in Hungarian financial industry 2013
Cloud computing presents legal, regulatory, and compliance concerns for financial institutions in Hungary. While cloud computing has significant business potential, the technology is ahead of legal regulations. There is no specific Hungarian or EU legislation governing cloud computing. Additionally, Hungarian authorities like the HFSA and DPA have provided little guidance. For financial institutions to utilize cloud computing would require addressing issues like data protection laws, regulatory uncertainty around cloud computing qualifying as outsourcing, and other basic contractual questions.
12 Best Privacy Frameworks
The document provides an overview of 12 privacy frameworks that can be used to develop comprehensive privacy programs. It describes each framework, including its organization, cost, and key benefits. The top frameworks are ISO 29100, ISO 27701, the ICO Accountability Framework, and the TrustArc-Nymity Framework. They provide standards, guidelines and best practices for building privacy into products and governance. The document aims to help privacy professionals select the most appropriate framework for their needs without needing to reinvent existing approaches.
TSSG Security research unit May11_zdooly
The Security Research Unit at TSSG investigates topics in IT security including distributed trust and reputation management, access control for secure services, identity and privacy technologies, protection of critical infrastructures, and international coordination of research and policy related to trust and security. Sample projects described include Aniketos which aims to establish and maintain trustworthiness in dynamic service environments, PASSIVE which proposes an improved security model for virtualized eGovernment applications, and ENDORSE which provides open source tools to ensure data protection compliance. TSSG also partners with universities and companies and is involved with the European Commission to coordinate research in these areas.
Cloud computing security issues and challenges
In the last few years, cloud computing has grown from being a promising business concept to one of the fastest growing segments of the IT industry. Now, recession-hit companies are increasingly realizing that simply by tapping into the cloud they can gain fast access to best-of-breed business applications or drastically boost their infrastructure resources, all at negligible cost. But as more and more information on individuals and companies is placed in the cloud, concerns are beginning to grow about just how safe an environment it is. This paper discusses security issues, requirements and challenges that cloud service providers (CSP) face during cloud engineering. Recommended security standards and management models to address these are suggested for technical and business community.
Banking Cores and Clouds in Asia Pacific: understanding Banks Use of Cloud Co...
The banking sector has been amongst the slowest industries to migrate core processing to the cloud.
This transition can lead to many key benefits including agility and innovation. With regulators increasingly recognizing the positive and economic benefits and impact of using cloud technology to digitize the bank more financial institutions are encouraged to start moving their core banking application to the cloud.
The webinar discussed the growing trends in banking and the cloud as a technology benefit for customers, regulation, fintechs and most importantly innovation. Primarily focusing on the Australian and Hong Kong markets, the conversation included the APAC region in general, as its clear cloud maturity is a matter of regional acceptance and readiness and that banks are approaching these services in many ways.
Content based on research and insights was delivered through presentation and discussions with industry experts Connie Leung from Microsoft, Trevor Clarke from Tech Research Asia and Ross Mallace from Temenos.
The webinar serves as a perfect guide on how the use of cloud will shape the banking landscape in Asia Pacific. Please explore the resources below and contact rmallace@temenos.com for further information.
https://tem.mn/banking-cores-and-clouds
26 Nov 2013 - Law and Policy Meet the Cloud, by Bernie Trudel [IIC-TRPC Singa...
The document summarizes a report by the Asia Cloud Computing Association (ACCA) on data sovereignty issues across Asia. The report found that while there are no outright prohibitions on cloud services, countries are inconsistently regulating cross-border data flows and new regulations are adding to unclear laws. The report identifies leaders like Australia, Singapore, and Japan that have clear data protection laws and allow for cross-border data movement, and followers that lack formal laws or have restrictions. The ACCA recommends harmonizing regulations across Asia based on international standards to promote cloud adoption and eliminate legal confusion.
scce-cep-2015-06-Dhont-1-04
1) The document discusses restrictions on transferring personal data outside of the EU under current EU law and how companies are increasingly using Binding Corporate Rules (BCRs) to manage cross-border data transfers and ensure privacy compliance.
2) BCRs allow companies to streamline privacy policies and processes globally while providing flexibility. They create trust within companies and with consumers.
3) Most current cross-border data transfer options under EU law have limitations, while BCRs offer a comprehensive solution as they are expressly acknowledged as a valid transfer method under the upcoming EU General Data Protection Regulation.
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Secure and Compliant Data Management in FinTech Applications
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20150630_D6 1_Legal and EthicalFrameworkand Privacy and Security Principles
20150630_D6 1_Legal and EthicalFrameworkand Privacy and Security Principles
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How IBM Supports Clients around GDPR and Cybersecurity Legislation
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Banking Cores and Clouds in Asia Pacific: understanding Banks Use of Cloud Co...
Banking Cores and Clouds in Asia Pacific: understanding Banks Use of Cloud Co...
26 Nov 2013 - Law and Policy Meet the Cloud, by Bernie Trudel [IIC-TRPC Singa...
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Master Thesis Presentation
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