to help enterprise security across Europe
The resource centre for busy senior executives seeking the latest insights into IT Compliance & Privacy issues for major organizations
 
sarbaines oxley ofcom communications regulator
Latest Resources      data protection register
compliance resources privacy resource center

Breaking Global News
Global Compliance and Privacy News
- Breaking News, updated every 30 minutes
•   Compliance, Privacy and Security
•  Money Laundering
•  Phishing
•  Regulatory Issues
•  SOX, Basel 2, MiFID


You Tell Us:
S
S
L

T
E
C
H
N
O
L
O
G
Y
We use SSL Technology for web data entry points:

Always
Sometimes
Never
What is SSL?

News
Are Smartphones Endangering Security? - Wick Hill
Dealing with Internet Security Threats - Ian Kilpatrick
How the New EU Rules on Data Export Affect Companies in and Outside the EU - Thomas Helbing
Farmers' Data Leak Highlights Old Technology Use - Wick Hill
Saving Money with SFTP - Wick Hill
UK Information Commissioner targets firm selling vetting data - Eversheds e80
12 Key Steps to Internet Security - Wick Hill
Telephone Monitoring Legality in the UK - Dechert
Firewall or UTM - Wick Hill
UK Information Commissioner demands mobile device encryption - Eversheds e80
Data loss - liability, reputation and mitigation of risk - Eversheds e80
Phorm, Webwise and OIX - BCS Security Forum
The challenges of PCI DSS compliance - Thales, Russell Fewing
"Quality" Data Vendor Spams us! Editor astounded!
National Gateway Security Survey 2008 - Wick Hill
Unified Threat Management - Watchguard Technologies

news archives
:
0 | 1 | 2 | 3 | 4 | 5 |
6 | 7 | 8 | 9 | 10 | 11 |
12 | 13
[What is this?]

Industry Blogs
Tim Berners Lee's Blog
Tim Callan's SSL Blog
Davis Wright Tremaine's Privacy & Security Law Blog
Emergent Chaos Blog
Michael Farnum's Blog
Phillip Hallam-Baker's Blog - The dotFuture Manifesto: Internet Crime, Web Services, Philosophy
Stuart King's Security and Risk Management Blog
David Lacey's IT Security Blog
Metasploit Official Blog
Jeff Pettorino's Security Convergence Blog
Jeff Richards's Demand Insights Blog
David Rowe's Risk ManagementBlog
Bruce Schneier's Security Blog
Larry Seltzer's Security Weblog
Mike Spinney's Private Communications Blog
Richard Steinnon's Threat Chaos Blog
The TechWeb Blog
Tim Trent's Marketing by Permission Blog
Rebecca Wong 's DP Thinker Blog

Newsletters
23 February Newsletter
Newsletter Archives are located in "News"

Industry Update
Internet Security Intelligence Briefing - November 2005
Find out the latest trends in e-commerce, web usage & the latest threats from adware/Spyware

Reports
Phorm, Webwise and OIX
- BCS Security Forum

'The Any Era has Arrived, and Everyione has Noticed' - Stratton Sclavos - VeriSign
Identity Security - Time to Share
Malicious code threats - iDefense
Public Alerts - updated as they happen from Stopbadware.org
Public Alerts - updated as they happen from Websense
Public Advisories - updated as they happen, from iDefense
Phoraging - Privacy invasion through the Semantic web: a special report by Mike Davies of VeriSign

Legislation
Privacy Laws & Business International E-news, Issue 57
Privacy Laws & Business UNited Kingdom E-news, Issue 60

Security Reviews
February 2007 - VeriSign Security Review
The security review archive is here

Case Studies
Finance Industry
Case Study Example

A case study on a Finance industry company.

White Papers
VeriSign® Intelligent Infrastructure for Security
VeriSign® Intelligent Infrastructure: An Overview
Identity Protection Fraud Detection Service - description of the service
Life of a Threat - Video on Threat Management Lifecycle
Optimizing Enterprise Information Security Compliance - Dealing with all the audits
For a full list of all whitepapers, visit our Whitepaper library

Legal Notices
Privacy Policy
Terms of use

basel 2 sarbanes oxley
    legislation
data controller notification binding corporate rules BCR data transfer third countries third part data transfer basel 2 regualtor regulation regulate FSA banking network security RSA encryptin algorithm Bits sacked bank staff
Blogs compliance Reports compliancy Legislation Data Protection Case Studies data privacy White Papers data protection act News information commissioner Events security standards Links information security iDefense
Retail Solutions

GE Gains First Binding Corporate Rules UK Approval

compliance and privacy

Current News Updates

GE Gains First Binding Corporate Rules UK Approval

Significance of Binding Corporate Rules

On Thursday 15th December 2005 GE was approved in the UK as the first ever organisation gaining UK approval for its Binding Corporate Rules to export data from the European Economic Area, though this is currently restricted to data under the jurisdiction of the UK Commissioner. As the first such approval GE is in the forefront of Data Privacy.

GE has limited the data covered to be solely Employee Data currently. And the rules themselves are pubic domain, as they should be, on GE's website.

What is the Process?

The UK Information Commissioner submitted the rules to the other EEA Data Protection Authorities in April 2005 under the co-operation procedure when there was a month in which the other authorities could make comments. An iterative process then took place to get to where they are today. In December 2005 the Final Approved version was submitted to the others DPAs. And they can still comment and ask for alterations. Good housekeeping by GE and the UK Commissioner makes any substantial comments unlikely, but they are still possible. Obviously any modifications must also be acceptable to the UK Commissioner, since he has approved the rules in the first place.

What needs to be understood is that this is both an iterative process of gaining approval and also that each DPA acts independently. That the UK has approved the GE BCRs is actually not relevant to the other DPAs making their own national decisions. And each nation can impose special conditions.

The Eventual Outcome

GE will be approved to transfer its employee data worldwide lawfully within the GE group of Companies. This makes sense. BCRs are not a carte blanche to transfer data to third parties. Of course this is subject to any non conflicting EEA legislation.

We've asked GE for a comment and will be publishing it here as soon as we have it. We assume that they will move to full BCRs for their entire sales and marketing data after piloting the system with employee data, but we'll let you know what they say.

It's a complex procedure, but not half as complex as using the Model Contract Clauses to create either a potentially legally precarious "many to many" contract, or multiple "one to one" contracts between every entity in a complex group structure.

Discuss This Article

 


This site is independent of all its sources
The contents of the site are sourced from across the industry. All copyrights are acknowledged.