Welcome!

News Feed Item

European Parliament Data Protection Regulation Vote Means U.S. Firms Must Comply

Today’s overwhelming vote by the European Parliament regarding the data protection Regulation puts a chilling effect on the ability of U.S. companies to transmit or receive physical or electronic data from the European Union. Strict requirements can be met by CSR services that help customers conduct complete reviews, including gap analytics, of the life cycle of the data of customers, employees and vendors processed in their organizations.

European Union data protection reform is now “irreversible,” according to Viviane Reding, the EU's Justice Commissioner. Pillar Two of the Regulation states, “non-European companies will have to stick to European data protection law if they operate on the European market.”

“This means that U.S. companies, even if they do no business in Europe, should be prepared to meet or exceed EU regulation for the purposes of business operations. We believe that federal U.S. regulation will strongly mimic the European rule set for the purposes of global legal harmonization,” says CSR Founder Ross Federgreen. “The CSR gap analytic will help identify and codify those areas that are deficient as well as proficient in terms of compliance and life cycle management of personal information.”

The data protection legislation, which passed the European Parliament by a vote of 621 to 10, means that U.S. companies, among other requirements, must be able to respond to inquiries of personal data, as well as modify and store data in a secure environment. Identifying vulnerabilities for remediation will be critical for U.S. companies to comply with these rules because the penalties for failure to comply with the European Union requirements, such as data breach reporting, include penalties up to 5% of annual gross revenue.

CSR helps firms fulfill another component of the EU Regulation with its patented CSR Breach Reporting ToolKit® system for the expeditious reporting of the loss, breach, compromise or exposure of data to relevant authorities. CSR’s award-winning solution aggregates organization and breach information, selects relevant reporting entities based on geography and types of breach data, and generates breach reports to appropriate authorities as required by a variety of international, federal and state laws and regulations, including laws in over 100 countries.

CSR’s breach reporting service solves the problem of how to file reports to authorities when timing is critical and the web of legislation and regulation that protect many types of personally identifiable (PII) and protected health information (PHI) is increasingly complex. Failure to report to any one authority in a timely fashion may result in costs, penalties and civil sanctions that continue to escalate.

Health care providers, financial institutions, payment processors, business records management, alarm, security industry and other value-add resellers, franchisors and other associations interested in offering any of the CSR ToolKits or CSR consulting services to their members can email [email protected] or call 1-866-462-7774 x157 for more information.

About CSR

CSR is the leading provider of data compliance solutions and expert business services that helps organizations turn compliance into revenue both domestically and around the globe. We enable compliance with Personally identifiable information (PII) requirements and Payment Card Industry (PCI) standards while facilitating best practices to reduce the business risk and financial liability associated with the acquisition, handling, storage, sharing and disposal of data. The company is a PCI Security Standards Council Participating Organization and is a member of Merchant Acquirers’ Committee (MAC), International Association of Privacy Professionals (IAPP), Electronic Transactions Association, European Privacy Association, Hospitality Financial and Technology Professionals (HTFP) Association, and National Indian Gaming Association (NIGA). Founded in 1999, CSR is a privately held corporation headquartered in Jensen Beach, Fla. For more information, please contact CSR at 866.462.7774 or visit www.csrcorporate.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.