The most important precondition for doing business is mutual trust and requires that:
- My (potential) partner can rely on the reliability of my business and personal data.
- I, in return, can trust the reliability of the business and personal data of my (potential) partner.
- The partner to which I have outsourced part of the processing of personal data adheres to legal and contractual agreements.
To establish mutual trust, I invite my (potential) partner to become a user of the MYOBI Trust Network. The parties agree – in a processor, data exchange or management agreement – as follows:
- Accept the TTP policy, and
- Comply with the legal accountability obligation for organising compliance with legal and contractual obligations, particularly the TTP policy that includes the Accountability Seal Policy.
Partners share their data if their partners ensure the confidentiality, reliability and availability of the data. The accountability by partners to society about the effective operation of management and security measures when processing data has the following goals:
- Society (including the business partner who provides access to data and the supervisory authority) understands the adequate level of data protection (the accountability obligation).
- The controller and processor of data manage their liability and cost risks by being accountable to society (complying with accountability law).
A company must comply with the legal accountability obligation. This also applies to agreed contractual obligations. In addition to these formal arguments, a company wants to protect its reputation and inform its partners about its business and personal data reliability.
It is relevant that a business user periodically accounts for the adequate protection of company and personal data. But conversely, the business user’s partner also wishes to be informed about the degree of security of his business and personal data.
An Accountability Seal periodically confirmed by the company management and included in a freely accessible register provides the necessary functionality to provide that information. Society (for example, partners, persons, supervisors and third parties) gets an impression of the quality of the business and personal data managed by a company.
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