Cronofy, an innovator in business scheduling technology, announced they are establishing an operating company in the Netherlands under the name Cronofy BV.
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This move follows recent UK government proposals around data security and privacy. The proposals include moving away from the EU General Data Protection Regulation (GDPR) and adopting a less stringent approach to data security and privacy now that Brexit is in effect.
Cronofy provides scheduling technology that integrates with hundreds of thousands of personal and business calendars, making the business custodian of vast amounts of private data.
The business works with many highly regulated industries such as healthcare and finance, where privacy is paramount. Cronofy is trusted with this data as they have built a reputation for continuously maintaining the highest level of data security.
An essential part of this is their ongoing commitment to GDPR and CCPA (California Consumer Privacy Act), and obtaining the latest data security certifications, including:
* ISO27001- the international standard for information security management systems
* ISO27018 - ensures that personal data is properly protected
* ISO27701 - the international standard for privacy information management
* SOC 2 Type 2 - defines the criteria for secure handling and management of customer data.
In response to the UK government proposals, Cronofy will offer their current and future EU customers the opportunity to contract with Cronofy BV.
This will become the primary data processing entity for these customers, meaning that any data is directly under the oversight of an EU member state's data regulator and thus fully GDPR compliant. It underscores Cronofy's commitment to its European customers and the fact that the business is truly global. Cronofy Ltd will continue to operate alongside Cronofy BV.
Cronofy's Cofounder and CEO, Adam Bird, had the following to say: "We were feeling more and more uncomfortable with the position that the UK government was taking over data privacy. While Cronofy will always do the right thing, there were increasing questions about whether the UK data protection rules would continue to match that.
"To demonstrate our commitment to protecting personal data, it was only right that we incorporate back in the European Union, thus giving our customers the confidence that our words are backed up by legal obligation."
In order to have a physical presence in the Netherlands, Cronofy BV has opened an office in Amsterdam. The company has begun actively advertising and interviewing for positions in the new location. ■