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Nymity and the PCPD Release Hong Kong Accountability Benchmarking Micro-Study Results

TORONTO and HONG KONG, June 10, 2015 (GLOBE NEWSWIRE) -- Nymity announced today the results of the Hong Kong Accountability Benchmarking Micro-Study ("Accountability Benchmarking Micro-Study") at an interactive workshop conducted at the Office of the Privacy Commissioner for Personal Data in Hong Kong ("PCPD"). The collaboration with Nymity for the Accountability Benchmarking Micro-Study is part of the PCPD's ongoing initiative to promote an accountability approach to privacy through the adoption of the Privacy Management Programme ("PMP") in Hong Kong.

Commenting on the Study, Mr. Allan Chiang, Privacy Commissioner for Personal Data in Hong Kong (PCPD) said, "This Study is helpful in understanding the current status of how privacy is being managed in Hong Kong, especially relevant with its comparison of each area of the "Privacy Management Programme: A Best Practice Guide", with the privacy management activities identified in the Nymity Privacy Management Accountability Framework™. It is gratifying to note that many organisations are taking privacy seriously and the subject is now on the agenda of their top management. I hope more organisations will share my belief that privacy and data protection is a new competitive differentiator that wins customer trust and loyalty."

The Accountability Benchmarking Micro-Study highlights the current status of privacy management in participating organizations in relation to the structure and outline of the PCPD's Best Practice Guide. Key findings of the benchmarking analysis report include:

In some areas of privacy programme management, the Accountability Benchmarking Micro-Study also compares performance of organizations in Hong Kong with other large multinational organizations. Notably, a higher percentage of organizations in Hong Kong implement personal data inventory and data classification compared with other global organizations. (Source: "Nymity Privacy Management Program Benchmarking: Measuring Accountability Report").

Commenting on the collaboration with the PCPD on this Study, Teresa Troester-Falk, Chief Global Privacy Strategist, Nymity Inc., said, "It was my great pleasure to work with the PCPD on this benchmarking effort and to lend support to the PCPD's initiative to promote the adoption of PMP by Hong Kong organizations to advance an accountability approach to privacy and data protection. I look forward to further micro-studies with other organizations, industry associations, or Regulators in this area."

Participation in the Study was voluntary and invited organizations included members of the PCPD's Data Protection Officers' Club and organisations in Hong Kong that made a pledge to implement the PMP outlined in the "Privacy Management Programme: A Best Practice Guide". To participate in the Study, organizations in Hong Kong provided information on the status of their organization's implementation of a wide range of privacy management activities. The underlying structure for the Accountability Benchmarking Micro-Study is the Nymity Privacy Management Accountability Framework™, an ongoing Nymity research project to identify and scope all privacy management activities around the world. The Nymity Privacy Management Accountability Framework is industry and jurisdiction neutral, providing a structure for mapping to any law or Regulator accountability framework. The Nymity Privacy Management Accountability Framework is freely available for organizations and may be licensed free of charge by Privacy and Data Protection Regulators.

Nymity invites organizations, associations, and Regulators to collaborate on privacy management status research studies. To learn more about conducting an accountability benchmarking micro-study, please visit www.nymity.com/accountabilitymicrostudies or contact us at studies@nymity.com.

A summary and full report is available at www.nymity.com/accountabilitymicrostudies.

About Nymity

Nymity is a global research company specializing in accountability, risk, and compliance software solutions for the Privacy Office, including Nymity Attestor™ which enables organizations to demonstrate compliance on-demand. Nymity's suite of software solutions helps organizations attain, maintain, and demonstrate data privacy compliance. Nymity's free research and privacy management tools are made available to support the broader global privacy community. Organizations all over the world rely on Nymity's software solutions to proactively and efficiently manage their privacy programs – empowering them to comply with confidence. Learn more at www.nymity.com

About PCPD

The Office of the Privacy Commissioner for Personal Data in Hong Kong (PCPD) is an independent statutory body set up to oversee the enforcement of the Personal Data (Privacy) Ordinance (Cap. 486) which came into force on 20th December, 1996. In February 2014, the PCPD published the "Privacy Management Programme: A Best Practice Guide". To learn more about what the PCPD has done to promote the Privacy Management Programme, please read: http://www.pcpd.org.hk/pmp. Enquiries may be directed to ccd@pcpd.org.hk.

CONTACT: Karinna Neumann Director of Marketing Email: karinna.neumann@nymity.com Telephone: +1 647 260 6230 x221Source: Nymity

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