News Feed Item

Lynda.com and Yodlee join IBM and Merck in commitment to protecting customer data privacy through APEC Certification

- TRUSTe welcomes launch of groundbreaking EU-APEC Referential as an important step towards global inter-operability of data privacy frameworks

SAN FRANCISCO, March 13, 2014 /PRNewswire/ -- TRUSTe, the leading global data privacy management company and the first approved Accountability Agent for the Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) System, announced today that two additional companies have achieved APEC Certification through TRUSTe. This follows the announcement last Thursday by the FTC, together with agency officials from the European Union and APEC economies, with the ultimate goal of helping businesses transfer data around the world in a safe way in compliance with global privacy frameworks.

Lynda.com and Yodlee are the two latest companies to be certified in compliance with the APEC Cross Border Privacy Rules in addition to IBM and Merck. Commenting on their APEC Certification, David Glaubke, Director of Corporate Communications at Lynda.com said:

"Lynda.com is committed to protecting the privacy of our users, and the APEC Privacy Certification helps protect the exchange of personal information across borders, which is vital to our business. As we continue to grow in different regions throughout the world, we want to continue to build trust with our users, address concerns about privacy and be transparent about our data privacy practices."

The EU-APEC Referential announced last week, maps together the requirements for APEC Cross Border Privacy Rules (CBPRs) and EU Binding Corporate Rules (BCRs). The document, jointly designed by APEC officials and the EU's Article 29 Data Protection Working Party, is designed to be a practical reference tool for companies that seek "double certification" under these APEC and EU systems, and shows the substantial overlap between the two.

Chris Babel CEO TRUSTe welcomed the announcements saying:

"The safe handling of customers' personal information is crucial for the success of businesses as they enter new markets with different privacy frameworks. Now more than ever the challenge of dealing with global data privacy landscape couldn't be more apparent.

"At TRUSTe we have been working closely on the development of the CBPR framework since 2007 including participating in the US delegation to APEC and have been the Accountability Agent in the US since last June. We've also partnered with Promontory to help clients seeking a BCR solution for data compliance in the EU.

"Through this work, we understand the practical challenges that these differing privacy frameworks create for companies looking to act responsibly in their use of customer data. We welcome the announcement made by EU agencies and APEC economies which will make it easier for companies to demonstrate global compliance under international standards and is an exciting step towards further interoperability of privacy frameworks worldwide."

Simon McDougall Managing Director and Head of Promontory's Privacy Practice said:

"One of the biggest challenges for all international firms is managing the diverse range of privacy regimes around the world. Any effort among regulators to share information and work towards greater co-ordination is clearly positive. Promontory's work with TRUSTe on BCRs is also aimed at helping organizations to manage diverse privacy rules, so we appreciate the practical challenges."

In order to help companies better understand the new EU-APEC Referential, and how they can achieve global privacy compliance via the APEC and BCR Frameworks, TRUSTe is hosting a webinar on March 25 with Josh Harris, Policy Director at the Future of Privacy Forum, Simon McDougall, Managing Director at Promontory and Saira Nayak, Policy Director at TRUSTe. Register here for further details.

About APEC Cross Border Privacy Rules

The APEC CBPR System is a self-regulatory initiative that addresses cross border data flows between the United States and other APEC Member Economies, through voluntary and enforceable codes of conduct adopted by participating businesses. TRUSTe was approved as the first Accountability Agent for the APEC CBPR System in June 2013. Additional details about the TRUSTe APEC Privacy program are available at: www.truste.com/apec

About Binding Corporate Rules

BCRs are designed to allow multinational companies to transfer personal data from the European Economic Area (EEA) to their affiliates located outside of the EEA in compliance with Data Protection Directive 95/46/EC. Applicants must demonstrate that their BCRs put in place adequate safeguards for protecting personal data throughout the organization in line with the requirements of the Article 29 Working Party papers on Binding Corporate Rules. TRUSTe and Promontory launched a joint BCR Management Program in February 2013. Additional details are available at: http://www.truste.com/bcr

About TRUSTe

TRUSTe is the leading global Data Privacy Management (DPM) company and powers trust in the data economy by enabling businesses to safely collect and use customer data across web, mobile, cloud and advertising channels. Our cloud-based Data Privacy Management Platform delivers innovative technology products, including website monitoring and advertising compliance controls – along with privacy assessments and certifications. More than 5,000 companies worldwide, including Apple, Disney, eBay, Forbes, LinkedIn and Oracle rely on our DPM platform and globally recognized Certified Privacy Seal to protect/enhance their brand, drive user engagement and minimize compliance risk. For more information, please see http://www.truste.com

Logo - http://photos.prnewswire.com/prnh/20140106/CL40095LOGO

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
Between the mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at @DevOpsSummit at 19th Cloud Expo, Charles Kendrick, CTO at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how business and deve...
SYS-CON Events announced today that SoftNet Solutions 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. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Qosmos, the market leader for IP traffic classification and network intelligence technology, has announced that it will launch the Launch L7 Viewer at CloudExpo | @ThingsExpo Silicon Valley, being held November 1 – 3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The L7 Viewer is a traffic analysis tool that provides complete visibility of all network traffic that crosses a virtualized infrastructure, up to Layer 7. It facilitates and accelerates common IT tasks such as VM migra...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...