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TrustArc Named a Gold Winner in the Governance, Risk and Compliance Category

(14 July 2021) – TrustArc announced today that The Globee Awards, organizers of world’s premier business awards programs and business ranking lists, has named the company a winner in the 16th Annual 2021 IT World Awards. The Globee Awards recognize information technology and cybersecurity vendors with advanced products, solutions and services that work to “set the bar higher for others in all areas of technology and cybersecurity.”

“We are proud to be recognized by the Globee Awards as a critical organization in the Governance, Risk and Compliance space,” said Chris Babel, TrustArc CEO. “Behind this award win is our product innovations and relentless drive to stay customer focused, and this recognition from the Globee Awards further validates that commitment to our customers and their data privacy management success.”

More than 65 judges from around the world representing a wide spectrum of industry experts participated in the judging process. The IT World Awards are open to all Information Technology and Cybersecurity organizations from all over the world and their end-users of products and services.

“The information technology industry continues to show its resilience,” said San Madan, co-President of Globee Awards. “The tech sector is robust and innovative. And the pandemic has changed the way people live, work, shop, and socialize thereby accelerating demand for newer technologies and innovations everywhere.”

Source: https://trustarc.com/trustarc-wins-globee-in-the-16th-annual-2021-it-world-awards/

(1 July 2021) – Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, today sealed a Memorandum of Collaboration (MoC) with CyberSecurity Malaysia, the national cybersecurity specialist agency under the purview of the Ministry of Communications and Multimedia Malaysia (KKMM), to empower and strengthen the level of cybersecurity in Malaysia.

The MoC was signed in a virtual event by Dato’ Ts. Dr. Haji Amirudin Abdul Wahab FASc, Chief Executive Officer, CyberSecurity Malaysia and Imri Mokhtar, Group Chief Executive Officer(GCEO), TM. The ceremony was witnessed by General Tan Sri Dato’ Seri Panglima Mohd Azumi Mohamed (Retired) Chairman of the Board of Directors, CyberSecurity Malaysia and Tan Sri Dato’ Seri Mohd Bakke Salleh, Chairman of TM.

The event was also graced by the presence of YB Dato’ Saifuddin Abdullah, Minister of Communications and Multimedia Malaysia.

For more information, please click here.

(9 Jun 2021) – The Guangdong-Hong Kong-Macao Greater Bay Area cross-border e-commerce resource center was established to provide an economic and trade platform for cross-border e-commerce enterprises and related enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area to promote the development of the cross-border e-commerce industry in the Guangdong-Hong Kong-Macao Greater Bay Area.

The web seminar of the new trends of cross-border e-commerce was lived on May 29, 2021.

For more information, please click here.

(24 May 2021) – Scamadviser analyzed 7 million domain names and discovered that some hosting companies, registrars (where you register a domain name), registries (the owners of extensions such as .com, .biz and .store) and countries seem to support scammers much more than others.

To read a full report, please click here.

(29 April 2021) – Guideline to Assess Compliance Level of Personal Information Processing successfully released in China on Apr 29, 2021.

Personal information is one of the most valuable assets in the 21^st century. However, it has become an indisputable fact that personal information is out of control in the process of commercialization. Breaches of personal information have emerged one after another, disrupting market order, jeopardizing social stability, and even triggering public and national security crises. Therefore, protecting the security of personal information play a critical role to facilitate free flow of personal information, informatization of country, maintaining national security, guarding human rights and personal privacy.

In order to facilitate compliant processing, ethical utilization and regulated circulation of personal information, under the guidance of relevant state departments, the China Law Association on Science and Technology and China Legal Exchange Foundation organized several professional groups including Beking University Intellectual Property School, The Intellectual Property Development Research Institute of Peking University in the Guangdong-Hong Kong-Macao Greater Bay Area, etc. to issue the “Guideline to Assess Compliance Level of Personal Information Processing”. The issuance of the Guideline is in response to the enterprises’ demands to prove the compliance levels of organizations and to declare capability levels of compliantly processing personal information, above all to balance the needs between the protection and utilization of personal information.
 
Professor Zhang Ping, Executive Vice President and Secretary-General of the China Law Association on Science and Technology, emphasized that this Guidelines aim to enhance the overall level of personal information protection in society, and to guide enterprises handling personal information in a reasonable and legal manner. She also expressed that the Guidelines transparently and detailly mapping to existing laws and regulations, especially demonstrate the operational guidance to third-party certifications and enterprises’ operations.

Zhang Suofei, chairman of the China Law Exchange Foundation, introduced that the release of the Guidelines provides an important reference and assessing guidance for regulators, enterprises and the fields to clearly determine whether personal information processing is compliant in a sophisticated way.

Professor Wang Xixin, Peking University Law School Professor, believed that protecting personal information and respecting personal privacy is not only a personal matter, but also a national matter. Guidelines is very important for independent third parties to provide assessing standards and evaluation frameworks. Most importantly, Guidelines will keep upgrading along with more practical pilots.

Yao Xiangzhen, Director of Cyber Security Center, China Electronics Standardization Institute, said that It is necessary to improve the standard systems of data security and personal information protection, to formulate normative, guideline, and evaluation standards for enterprises, thus to form an integrated, mutually complementary and interconnected standard system.

Wang Xueli, Deputy Secretary-General Standard Committee, China Society for Economic System Reform, believed that the Guidelines is gradually systematized, generalized, combined, modularized, and finally suitable for scientific research.

Zhao Xiaohai, general manager of Beijing Peking University Yinghua Technology Co., Ltd., believed that the Guidelines is able to empower the enterprise through informatization and intelligence.

Bi Maning, former deputy director of Information security rating center of the Ministry of public security advocated that the Guidelines is creating a community of self-disciplined compliance, self-regulated governance, certification, supervision and enforcement so as to an integrated governance ecology.

News sources:
https://edu.pkulaw.com/detail/l_60866203e4b09890f0e711ff/4?fromH5=true
https://mp.weixin.qq.com/s/a5QT1tzV04oMOqzlNrceGA