LONDON--(BUSINESS WIRE)--Box (NYSE:BOX) a leading enterprise content platform, today announced
that it has completed the EU approval process from the UK Information
Commissioner’s Office (ICO) and the Spanish and Polish Data Protection
Authorities (DPAs), for its global Binding Corporate Rules (BCRs) as
data processor and controller. This dual certification, covering both
the personal data of its customers and that of Box’s own European
Economic Area (EEA) employees, validates the company’s implementation of
the highest possible standards for protecting personal data globally.
“This is a huge milestone as we continue to scale internationally
while focusing on offering what we believe to be the most secure
enterprise content management platform in the world,” said Joel
Benavides, Sr. Director Global Legal & Advocacy at Box. “The DPA’s
approval of our BCRs enables companies across Europe to deploy a
validated cloud environment in accordance with the highest data
protection standards available today.”
To gain approval from the European DPAs, Box underwent extensive review
of its global group of companies’ data privacy compliance policies and
procedures as required by the EU DPAs.
BCRs are company-specific data protection policies, which enable
multinational companies to transfer personal data within their group (as
controllers) and to process personal data of its customers in locations
outside the EEA (as processors). The BCRs are based on rigorous criteria
and Box is one of only a few software companies in the world to have
received approval for its BCRs.
The BCRs are also intended to ensure that personal data has an identical
level of protection and security no matter where the customer is based
in the world. Achieving the highest possible standard for dealing with
data makes Box a sensible option for even the most security conscious
companies around the world.
"Binding Corporate Rules (BCRs) were developed by the European Union
Article 29 Working Party to allow multinational and international
organizations to have a consistent compliant framework for making
intra-organizational transfers of data across border in compliance with
the EU Data Protection Law," said Duncan Brown, Research Director,
European Security Practice, at IDC EMEA. "BCRs provide the highest level
of compliance, accountability and assurance for international
organizations. There are very few companies with approved global BCRs
and Box is one of the first cloud service providers to achieve this
approval.”
Box has customers across multiple geographies including Europe, Asia and
the Americas. It also services multinational customers from all major
industries, including finance, healthcare, construction, life sciences,
media and entertainment, retail, and non-profit. Box serves over 66,000
organisations today, including Eurostar,
Hamburg
Airport, Spotify,
AstraZeneca,
General
Electric, among others.
Today’s news follows the company’s recent
announcement that it now complies with ISO 27018, the standard for
protecting Personally Identifiable Information (PII) in the cloud, set
forth by the International Standards Organization. By complying with ISO
27018, Box adheres to a uniform set of guidelines that spans regions, so
businesses can adopt Box with confidence that the service they receive
adheres to global privacy standards, often resulting in streamlined
contract processes and expedited global expansion for customers. This
achievement adds to Box’s existing support for compliance with ISO
27001, which the company achieved in 2013.
Box also holds APEC Cross Border Privacy Rules, and with today’s news
the company becomes one of the first in the world to have both APEC CBPR
and approved BCRs.
About Box
Founded in 2005, Box (NYSE:BOX) is transforming the way people and
organizations work so they can achieve their greatest ambitions. As a
leading enterprise content platform, Box helps more than 66,000
businesses, including General Electric, KKR & Co., P&G and The GAP
securely access and manage their critical information in the cloud. Box
is headquartered in Redwood City, CA, with offices across the United
States, Europe and Asia. To learn more about Box, visit www.box.com.