TRUSTe partners with PactSafe and leading international law firms, and expands offerings to help companies stay compliant with EU privacy rules
San Francisco, December 7, 2015 – Following the European Court of Justice ruling on October 6th which invalidated the U.S.-EU Safe Harbor framework, TRUSTe has partnered with PactSafe and a number of leading law firms to help companies manage the privacy and operational challenges of implementing Model Contract Clauses (MCC) to maintain compliance with EU data protection laws.
Chris Babel, CEO TRUSTe said, “The Safe Harbor Ruling has left many companies rudderless without a clear way to stay compliant with EU rules. While the prospect of a new Safe Harbor 2.0 agreement appears promising, our new assessment and these partnerships we’re announcing today, will help companies act now to streamline their Model Contract Clause compliance and meet the January 31st deadline.”
Brian Powers, CEO & Founder, PactSafe said, “Any business exporting data from the EU to the US needs a quick and complete solution to remain compliant with EU privacy laws. Our partnership with TRUSTe allows businesses to rapidly implement Model Contract Clauses while ensuring their data practices are in accordance with those clauses.”
TRUSTe has partnered with a number of leading international law firms who can advise companies with the legal aspects of Model Contract Clause compliance. Once the appropriate Model Contract Clauses are identified, PactSafe and TRUSTe work together to streamline the process of contract agreement with clients and partners, and provide risk assurance that the privacy components are honored throughout the business.
PactSafe handles contract distribution with its automated contract management tools. TRUSTe provides a full privacy assessment against the requirements under the EU Data Protection Directive 95/46/EC using its automated Assessment Manager platform. Further details about this new Model Contract Clause / Standard Contract Clause privacy assessment are available here.
International Data Transfers is just one of a number of topics that will be addressed at the EU Data Protection 2015 conference in San Francisco hosted by TRUSTe. Taking place on December 8th this is the premier event on the U.S. West Coast to address the fallout from the Safe Harbor ruling, the proposed changes in the EU General Data Protection Regulation (GDPR) and the business impact. The European Data Protection Supervisor, Giovanni Buttarelli will join 25 speakers from both sides of the Atlantic to discuss these issues.
About EU Data Protection 2015
EU Data Protection 2015 is timed to coincide with the conclusion of the negotiations of the EU GDPR. The conference will bring together EU regulatory experts with Silicon Valley business leaders and privacy professionals in San Francisco for a combination of keynotes, expert panels and practical workshops. Companies can still register here to hear first hand what’s in the Regulation and gain practical advice on next steps to ensure compliance. Complementary media tickets are also available.
TRUSTe powers privacy compliance and trust by enabling businesses to use data across their customer, employee and vendor channels. We have nearly 20 years experience and a team of over 150 professionals dedicated to providing data privacy management solutions and services, including assessments, certifications and our SaaS-based Platform. The Data Privacy Management Platform provides control over all phases of privacy; from conducting assessments and implementing compliance controls to managing ongoing monitoring. Companies worldwide rely on TRUSTe to minimize compliance risk and protect their brand. See http://www.truste.com
PactSafe is a digital transaction management platform built to simplify and automate the contracting process — from contract creation to digital execution to automated recordkeeping. PactSafe is putting business teams in control of their digital contracts at scale — and empowering legal teams with analytical insight to help both sides do business smarter, faster, and safer. See http://www.pactsafe.com.
For media enquiries contact:
Eleanor Treharne-Jones, TRUSTe
+1 415 430 8945
Amber Ferrari- PactSafe