Data protection and Privacy compliance
In March 2010, ValidSoft was awarded the European Privacy Seal for the product 
VALid-POS®, which was deemed fully compliant with EU data protection and privacy law.
The ValidSoft platform is also built on privacy, an underlying principle in all our solutions. ValidSoft is the first security software company in the world to have been awarded this seal.The granting of the European Privacy Seal to VALid-POS®, the most recognised and stringent certification available in Europe, provides the legal compliance mechanism that enables mobile network data to be legally and securely exchanged between the entities involved in providing the VALid-POS® service; namely the Mobile Network Operators, the Banks and VALid-POS® itself.
European data protection law is the most stringent in the world and in fact forms the basis for similar legislation in many other regions. ValidSoft has commenced a legal assessment of data protection and privacy laws in other regions and countries, initially including the US, Australia and Hong Kong, where the solution has also been assessed as fully compliant.
Click here to find out more about VALid-POS®
Second Privacy Seal Awarded
The second European Privacy Seal is awarded for VALid-4F™ in September 2011, the four-factor authentication and transaction verification solution that incorporates both biometric voice verification and Proximity Correlation Logic; knowing where someone is or isn’t. The second Seal confirms the company’s ability to maintain the highest privacy standards in its work with citizens’ information when contracted by financial services organizations and government departments.
At ValidSoft, we believe in the concept of ‘privacy by design’, as described by Gartner, privacy and data protection should be embedded throughout the entire life cycle of technologies, from the early design stage to their deployment, use and ultimate disposal (European Commission: A digital agenda for Europe, 26/8/2010). Our second EuroPriSe seal confirms that our products embody that approach right across the private and public sectors.
Click here to find out more about our European Privacy Seal for VALid-4F™
