STRADVISION Inc. received IOAS-accredited ISO/IEC 27701:2019 certification for demonstrating its commitment to the Privacy Information Management System (PIMS).
The scope of the certification includes AI-based image recognition software applied for autonomous driving or Advanced Driver Assistance Systems (ADAS) 1. SV Net a) SV Net for front-facing camera b) SV Net for SVM (Surround View Monitoring) c) SV Net for CMS (Camera Monitoring System) 2. SV Auto labelling tool 3. SV training suit SoA Details: -SCL/PIMS/S0A/01 Version-1.0, issue no. 1.0 Date: 09.12.2020.
What is ISO 27701 Certification?
The International Organisation for Standardisation (ISO) published ISO 27701 in August 2019 to offer a global approach to privacy protection as a part of information security. ISO 27701 standard provides a framework for information security and data privacy. Moreover, it maintains compliance with the GDPR and other data protection or privacy requirements that companies must implement policies to ensure best privacy practices.
The GDPR is one of the many requirements that provides a comprehensive set of operational checklists provided by the ISO 27701 PIMS (Privacy Information Management System) standard.
Benefits of ISO 27701 standards for STRADVISION Inc.
Organisations collect and process a vast amount of consumer data to prosper their business. However, it is equally significant for businesses to safeguard invaluable information assets responsibly. ISO 27701 certification helps organisations maintain and protect data assets; however, it also offers several benefits for them. These are:
- It builds and keeps the trust of your customers by ensuring that the organisation uses their personal information solely for the purposes for which it was gathered.
- ISO 27701 certification incorporates the value of managing personal data in the organisational culture. Hence, it creates a more responsible and aware image of the organisation among customers, clients, and stakeholders.
- The certification helps organisations maintain compliance with the GDPR and other privacy rules and regulations to ensure information and data security.
Digitisation has also highlighted the need to create a safer and more trusted digital world to win customers’ and clients’ trust and confidence. However, obtaining an ISO 27701 Certification helps STRADVISION Inc. to use it as a marketing tool to exhibit its dedication to safeguarding sensitive and confidential data of clients, customers, and stakeholders.