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R3’s COMMITMENT TO DATA PROTECTION R3’s data destruction/erasure processes have been specifically designed to meet the obligations imposed by law upon all R3 customers that process and store personal data regarding their own customers, members or subscribers. Data Protection The key obligations imposed upon organisations under the terms of the Data Protection Act 1998 (“the DPA”) include:- Personal data processed for any purpose or purposes shall not be kept for any longer than is necessary for that purpose or those purposes; and Confidential Information Organisations also have a duty to ensure that third party confidential information in their possession is kept in strictest confidence and not made available to other interested parties (whether by accident or otherwise). R3’s processes and its commitment to customers R3’s rigorous data destruction and erasure processes ensure that its customers do not breach the provisions of the DPA or their duties of confidence owed to third parties – thus avoiding heavy fines or claims for damages. |
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