U.S. companies will have another option for certifying their compliance with an Asia-Pacific region cross-border privacy rules program.
Schellman & Company LLC is the second company to became a U.S. accountability agent under the Asia Pacific Economic Cooperation’s Cross Border Privacy Rule (CBPR) System, the International Trade Administration said in a blog post.
Accountability agents evaluate if U.S. businesses’ privacy practices and procedures align with the requirements of the data privacy certification mechanism. Participation in the program is voluntary, but once a company is certified, their policies and practices become binding and national privacy authorities can enforce them.
Companies in ...