3 April 2017 By Lisa RivelParsippany, NJ – March 30, 2017 – Foresight Group, a leading global professional services provider focused exclusively on clinical and post-marketing drug safety and risk management solutions, announced that it has received certification approval from the US Department of Commerce for the EU-US Privacy Shield Framework program. The certification became effective March 9, 2017.
The new framework is the successor to EU-U.S. Safe Harbor Program, which is no longer legally recognized as adequate under EU law. It was designed by the U.S. Department of Commerce and the European Commission to provide a legal transfer mechanism to comply with data protection requirements when transferring personal data from the European Union to the United States.
“We are pleased to self-certify under the Privacy Shield Framework program, which underscores Foresight Group’s ongoing commitment to maintaining the highest standards of privacy and data security,” said Eric M. Stroud, Ph.D. Vice President of Quality Assurance, Foresight Group. “Managing confidential information securely builds trust, so we continue to remain proactive in our efforts to provide and comply with the most updated and robust privacy safeguards for our clients, partners and regulators.”
As the number of global data transfers increases, Privacy Shield’s importance cannot be overemphasized. It significantly improves commercial oversight and enhances privacy protections, while at the same time strengthens cooperation between the Federal Trade Commission and EU Data Protection Authorities, providing independent, vigorous enforcement of the data protection requirements set forth in the Privacy Shield.
A full list of past and present Privacy Shield-certified organizations can be found here.
About Foresight Group Foresight Group International AG is a global professional services company focused exclusively on clinical and post-marketing drug safety and risk management services, solutions and products. Foresight Group’s services and solutions are delivered with precise, timely, and cost-effective execution to help clients achieve lower operational costs, minimize potential litigation costs and manage risk. Visit www.foresightgroup.com for more information.
Lisa Rivel Marketing Director