Infosys Becomes First Indian Company to Achieve Binding Corporate Rules Certification for Data Protection
Infosys Achieves Binding Corporate Rules Certification
In a landmark development, Infosys has achieved the Binding Corporate Rules (BCR) certification, a notable feat as it becomes the first India-based company to do so. This certification, granted by the Hesse Data Protection Authority in Germany with validation from the European Data Protection Board (EDPB), is crucial for ensuring the safety and compliance of personal data shared across international borders.
The BCR framework plays a pivotal role in enabling organizations to transfer personal data among their subsidiaries while adhering to strict data protection standards. For Infosys, two distinct sets of BCRs have been approved: one for its role as a data controller (BCR-C) and another for its function as a data processor (BCR-P). This dual recognition emphasizes the company's commitment to upholding exceptional data privacy and protection standards in handling both its clients' and its own data.
According to Inderpreet Sawhney, Group General Counsel and Chief Compliance Officer at Infosys, “This accomplishment reinforces Infosys' commitment towards responsible business practices. The need to protect personal data is critical, and Infosys is helping clients carry out their business in a compliant environment. This recognition is a key differentiator for us when it comes to processing personal data and further affirms our dedication to accountability and trust.”
By achieving this certification, Infosys is now better positioned to facilitate seamless transfers of personal data between Europe and any of its global locations. This milestone comes at a crucial time, especially in an increasingly digital world where concerns over data privacy and security are on the rise, especially with the advance of technologies such as artificial intelligence.
Infosys, a leader in next-generation digital services and consulting, employs over 300,000 individuals and operates in more than 56 countries. Its focus is on helping enterprises navigate their digital transformations through cloud computing and AI, positioning itself as a well-governed and environmentally sustainable organization. The company's commitment to diversity and inclusion also plays a significant role in its operations.
The BCR certification not only strengthens Infosys’ data security framework but also instills confidence among clients regarding the management of their sensitive information. This regulatory endorsement signifies that Infosys adheres to the highest standards of personal data protection, promising a compliant operational environment for clients worldwide.
In conclusion, Infosys’ receipt of the BCR certification marks a significant jump forward in global data privacy standards and showcases the company's unwavering resolve to lead with integrity and responsibility in the realm of data handling and protection.