This week, Workday Vice President, Chief Privacy Officer – Barbara Cosgrove – announced that Workday has attained the new Asia-Pacific Privacy Certification. With an assessment process to ensure any software meets nine privacy principles, Workday is said to be the first company that has achieved the TRUSTe APEC Processor mark. This means they have beaten the likes of Oracle to achieve the certification and represents a huge success for the business.
APEC consists of 21 Pacific Rim countries, and the privacy framework was adopted on mass in 2004, whilst in 2011 APEX implemented the APEC Cross-Border Rules System to build trust in the online marketplace and help with the flow of information and confidence across borders. It has four rules: self-assessment, compliance review, recognition/acceptance, and dispute resolution and enforcement.
The new APEC PRP mark will help Workday as it looks to expand and grow across Asia and will likely enable them to break into multinational companies looking for Cloud-based HR and Finance systems to support their operations in the region.
Achieving this certification is yet another step in the right direction for Workday, who continue to demonstrate a leadership when it comes to privacy. This isn’t surprising considering they operate in the Finance and HR ERP space – which has been viewed under an increasing microscope in recent times when it comes to privacy concerns.
On their success in gaining this new certification, Cosgrove concluded by saying:
At Workday, we take this and our other certifications seriously, and are pleased to offer further proof of the strong privacy and security protections we provide for customer data.”