ISO 27701 Certification to Mitigate Data Protection Risks

Huge fines are a warning to enterprises

According to The New York Times' report (https://www.nytimes.com/2023/05/22/business/meta-facebook-eu-privacy-fine.html) on May 22, 2023, a large social media company was fined a record-breaking 1.2 billion euros for violating European Union data protection regulations, and was ordered to stop transferring data collected from European Facebook users to the United States.

The report indicated that the fine is associated with a 2020 ruling by the European Union's highest court that data transferred by the company across the Atlantic was not adequately protected from US intelligence agencies.

Although the company has indicated that it will appeal the ruling, it is undeniable that this will lead to a lengthy litigation process, which is not a satisfactory or mutually beneficial outcome for private enterprises, government legal institutions, alliances, or users and customers.

The importance of Data Security and Protection

The digital and technology development has driven the globalization of production, trade, and services. The increasingly powerful information technology has brought significant challenges in terms of information security for companies. In this context, it is not only necessary to effectively protect proprietary technology. There is also a need to meet customer needs and comply with relevant regulations, especially regulations such as personal data privacy, by implementing effective information management systems, because these processes will only continue and not stop.

ISO 27701 Privacy Information Management System Certification

Unlike ISO 27001, the management standard for privacy management systems no longer only emphasizes "information security," but rather "information security and privacy." Additionally, there is more supplementary content regarding information security itself.

For example, when considering the organization's background, relevant data protection laws and court rulings must be taken into account. Similarly, risk assessments must consider standards related to the processing of personal data.

Proactively controlling personal privacy data and enhancing customer trust by endorsing ISO 27701 to improve any corporate's reputation. It will also provide assurance that your organization can demonstrate compliance with GDPR which might be transferable into ISO 27701 requirements.

Relevant Services by DQS

• DQS provides accredited ISO 27701 Certification and ISO 27001 Certification services. 
• DQS Academy provides training courses to help customers understand the standards.