Post execution, the app monitors contractual commitments and tracks data processor
obligations to ensure the highest level of compliance, enabling data controllers and processors to demonstrate the strength and efficacy of their approach.
New staff will need to be made aware of your requirements, Data Processor
contracts reviewed, new technology assessed and the system audited.
After what is believed to be one of the biggest credit card hacking incidents ever, US firm Data Processors
International, which processes transactions involving Visa, MasterCard, American Express and Discover Financial Services for merchants, said it had 'recently experienced a system intrusion by an unauthorised outside party.
This situation creates obstacles to market development as it hampers access to data vital by related businesses: including data resellers, data processors
, value-adding service providers and software developers.
Contract awarded for Purchase readers and gauging data processors
in accordance with the provisions specified in the technical and administrative bases.