TRUSTe Now Certifying Data Management and Privacy Practices in the Cloud
TRUSTed Cloud Solution Addresses Critical Need; Certifies Over 100 Leading Cloud Applications in Less than Three Months
San Francisco, Calif. – August 29, 2011 – Today, on the eve of Dreamforce 2011, the cloud computing industry event of the year, TRUSTe, the leading online privacy solutions provider, announced that TRUSTed Cloud, the first online data privacy certification service for B2B cloud, SaaS and other service providers, has achieved significant market traction with more than 100 platforms certified since its initial availability just three months ago. TRUSTed Cloud Data Privacy Certification allows cloud, SaaS and other online service providers to immediately show that they adhere to TRUSTe’s high privacy standards of transparency, choice and accountability when handling sensitive user data on behalf of their customers.
TRUSTe also announced that the following online service providers are among the first 100 early-adopters of the TRUSTed Cloud program:
Additionally, Google has selected TRUSTe to certify the data privacy practices for hundreds of cloud-based applications in the Google Apps Marketplace.
In a June 2011 report titled “Worldwide and Regional Public IT Cloud Services 2011-2015 Forecast,” IDC says that cloud computing will continue to reshape the IT landscape over the next five years , with public IT cloud services spending expected to reach $72.9 billion in 2015, compared with $21.5 billion in 2010. Expanding at a compound annual growth rate (CAGR) of 27.6 percent, spending for public IT cloud services is growing at more than four times the rate of the worldwide IT market as a whole, according to IDC.
“With the rapid adoption of distributed computing, maintaining data privacy is a huge concern, especially in relation to emerging cloud and SaaS computing models,” said Chris Babel, CEO of TRUSTe. “TRUSTed Cloud gives online service providers an immediate way to show that their platform is handling customer data with the highest possible care and in accordance with recognized privacy standards. TRUSTed Cloud is an important addition to TRUSTe’s suite of online privacy solutions and advances our vision to provide privacy solutions for all online interactions.”
Storage and processing of personal data in the cloud has been identified as a key area of concern for corporate privacy, according to a Gartner, Inc., Gartner Privacy Survey, by Carsten Casper, research director, released in March 2011. The same report also indicates that privacy management tools – used to manage privacy policies, conduct privacy impact assessments and support incident-handling processes – are the top technology-related privacy priority.
TRUSTed Cloud addresses these issues by providing a combination of technology and advisory services to assess customers’ platform and data collection practices, while helping them update their privacy policies and services as needed to comply with emerging regulations and a rapidly-changing computing environment.
“3Ci’s Switchblade® platform processes billions of mobile transactions a year on behalf of our clients – many of which support mission critical processes. The third-party verification that comes with TRUSTed Cloud gives our clients peace of mind with regard to data privacy and management concerns,” said Mike FitzGibbon, President, 3Cinteractive. “This helps accelerate the adoption of our platform solutions and differentiates 3Ci by highlighting our commitment to the integrity and privacy of our client's data."
“Through TRUSTed Cloud certification – as well as our own AK Privacy Assurance Program for our customers – we ensure that their data is safe,” said David Jakubowski, CEO, Aggregate Knowledge. “As a neutral third-party, it’s our business to maintain the integrity and data security for customers that use our platform; and by partnering with TRUSTe, we can absolutely guarantee this.”
About TRUSTed Cloud
TRUSTed Cloud was developed to establish clear data privacy practices in a distributed cloud environment. With TRUSTed Cloud, online service providers can communicate that their customer data is handled responsibly by adhering to TRUSTe’s high privacy standards and complying with all government regulations.
TRUSTed Cloud certification builds platform trust by immediately showing that an online service provider:
See TRUSTe at Dreamforce 2011: August 30th to September 2nd
You can see TRUSTe and learn more about TRUSTed Cloud at Dreamforce – Kiosk 12 – at the Moscone Center, San Francisco, or click here to access TRUSTe’s website for more information.
TRUSTe is the leading global privacy management solutions provider and offers a broad suite of solutions that enable multinational companies to safely and efficiently handle the customer data powering their online businesses - including advertising, cloud services, mobile applications, and websites. Over 5,000 web properties from top companies like Apple, Disney, eBay, Forbes, HP, and Microsoft rely on TRUSTe to ensure compliance with evolving and complex international privacy requirements. TRUSTe's mission, based on a "Truth in Privacy" framework, is built on a solid foundation of transparency, choice and accountability regarding the collection and use of personal information. TRUSTe's privacy seal is recognized and trusted by millions of consumers worldwide as a sign of responsible privacy practices. For additional information on TRUSTe and its offerings, please visit http://www.truste.com.