US makes slow progress on consumer privacy.(Brief Article)
Information Systems Auditor, October, 2001
US multinational corporations have made little progress in adopting and implementing minimum worldwide standards for ensuring the privacy of individuals' personal data, according to the latest study by Andersen. The report argues that many US companies are denying themselves the opportunity of distinguishing themselves competitively in a global economy, for instance, from those organizations that do not give consumer privacy a high priority.
As a benchmark, the Andersen study used the so-called "Safe Harbor Principles", agreed between the European Union (EU) and the US Administration in July 2000. These principles established a means by which US companies could demonstrate they provided an adequate level of privacy protection. This would then allow the...
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