What is the Trust Network?

Mind Your Own Business Information, or MYOBI for short, facilitates individuals and companies to exercise control over their personal and company data. The sequence ‘persons and companies’ has been deliberately chosen. After all, people represent companies (or institutions).

The European legislator has corrected misconceptions about ownership of data: the person has control over his (or her) data. If a company wishes to exercise control over company and personal data, the company makes agreements with the person about the scope and scope of the processing of the personal data. 

Companies want the same control over their data as individuals. Strategic data and business secrets are the organisation’s crown jewels that must be adequately protected. The company therefore protects not only personal data, but also company data. 

Individuals and companies share their data with other persons and companies under control. Direction assumes that there is certainty about the authenticity of the identity of the companies and people (certainty about who is who) and the permanent reliability. In general, different data will be shared with a co-worker or partner than with a random passer-by. With the help of direction, the person or company will share different data with one partner than with the other partner. To achieve this, binding agreements are needed that are demonstrably adhered to.

The user association contributes to the realisation and maintenance of the TTP Code of Conduct GDPR, and the code of conduct is submitted to the Dutch Data Protection Authority (AP) for approval. The association has asked MYOBI to make the code of conduct part of the Accountability Seal Policy of the TTP policy.

MYOBI, in the role of trusted third party (TTP), offers individuals and companies the necessary tools to exercise control over their data if they share it with other people and companies. We call this the MYOBI Trust network.