Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary » GDPR » EU-US and Swiss Privacy Shield

EU-US and Swiss Privacy Shield

The EU-US and Swiss Privacy Shield frameworks were designed by the European Commission and Swiss Administration and the U.S.Department of Commerce, respectively, to cater for companies on both sides of the Atlantic with a mechanism that complies with data protection requirements when personal data is transferred from the European Union as well as Switzerland to the United States in support of transatlantic Commerce.

Additional reading

Why Unifying Enterprise Commitments Is Now A Necessity For Trust Building

Here’s a scenario that plays out almost every day.  Shortly after your sales team closes an enterprise deal, legal signs the customer contract. But buried in the intensive Master Service Agreement (MSA) are specific clauses on data handling, incident response, subprocessor restrictions, and recovery SLAs. Legal files the document as per their standard procedure, and…

Who Must Comply with PCI DSS? Payment Security Explained

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CCPA Penalties: What are the Penalties for Violating CCPA

TL,DR: CCPA imposes civil penalties up to $7,500 per intentional violation and $2,500 per unintentional violation. Consumers can seek statutory damages between $100 and $750 per incident for data breaches Businesses receive a 30-day notice for corrective action, but the cure period is discretionary if the breach results in direct consumer harm CCPA applies to…

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