MYOBI assumes and requires all organizations to express their accountability with at least the protection of personal data and information security in a maturity level and to demonstrate this level to users of MYOBI and interested parties. This is done with an Accountability Seal.
Transparency about the level of accountability promotes the possibility of doing business with each other, whereby it is clear to what extent an organization is compliant with the TTP policy and, if desired, supplemented with laws and regulations, contracts and its own policy. The advantage for an organization is that liability risks become manageable and administrative and supervisory costs often decrease.
What is the purpose?
The purpose of the Accountability Seal is to improve the quality of information provision within an information ecosystem. In addition, it is important that social traffic, chain and network partners and those involved can trust that the organization complies with laws and regulations and agreements from directing agreements.
More and more laws and regulations prescribe that an organization has an obligation to investigate its chain partners. For example, for the European General Data Protection Regulation (GDPR), an organization may only use processors of personal data that can guarantee that the processing in question will take place with appropriate technical and organizational measures and that they meet the requirements of the GDPR. This guarantee can be filled in with the Accountability Seal with a code of conduct in accordance with Article 40 GDPR. MYOBI has initiated this process.
Conferment, disapproval and withdrawal
The Accountability Seal is issued under the authority of MYOBI and published in the Accountability Seal Register managed by MYOBI. The organizations are responsible for determining the maturity level and can indicate the maturity level to MYOBI by means of a self-declaration. The DPO – subject to conditions – must confirm the statement. Users without FG can submit a request to MYOBI through a Request for Service (RfS) to have the maturity level reconfirmed by a MYOBI professional.
In addition to the maturity level of the organization concerned, the Accountability Seal Register also contains information about the corporate family and contact persons for obtaining further information. When it comes to data protection, for example, the contact details of the DPO are shown.
Information about the corporate family is also known as Legal Entity Management. The data can be accessed via the personal data store of an authorized person. In other words, access to this data can be obtained on the basis of permissions that the relevant organization has indicated to MYOBI.
MYOBI ensures timely submission of the self-declaration and periodically assesses the level of maturity of the organizations.
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