Threat Watch

US, Six Other Nations to Develop Cross-Border Privacy and Security Standards

This week, The Department of Commerce announced it will be partnering with representatives from the governments of Canada, Japan, South Korea, Singapore, the Philippines, and Taiwan to establish a Global Cross Border Privacy Rules (CBPR) forum. Secretary of Commerce, Gina Raimondo, stated this was “the beginning of a new era of multilateral cooperation” protecting the international flow of data. The group intends to establish Global Cross Border Privacy Rules and certifications that allow companies to show compliance with international data privacy standards. The CBPR forum will allow other countries to join as long as they agree to the new standards, but only the original seven members will have voting power. The group will meet bi-annually to discuss current projects and plan for other future endeavors.

ANALYST NOTES

The U.S. government found great success in partnering with global allies to combat cybercrime. They are applying the same model to protect data. Data breaches have become extremely common, whether it be crime or negligence, and world leaders want organizations to be held responsible. This collaborative effort is the first step to ensuring individual data is better protected and organizations are held accountable for leaks and breaches.

https://www.scmagazine.com/analysis/compliance/us-6-other-nations-to-develop-cross-border-privacy-and-security-standards?&web_view=true