Thomson Reuters commitment to the General Data Protection Regulation (GDPR)
As a provider of trusted answers, Thomson Reuters has long been committed to honoring privacy and keeping personal data safe. The new European General Data Protection Regulation (GDPR), which takes effect in May 2018, is consistent with these values.
We also recognize the importance of GDPR to our customers, so earlier this year we launched the Privacy Matters program to ensure our readiness for GDPR. As part of the program, we have been undertaking an evaluation of our products and services and have been refreshing our product descriptions, marketing material, policies, and data protection practices to ensure that we process personal data, including how we secure personal data, in line with GDPR and what our customers expect from us.
As many Thomson Reuters products handle customer or other personal data, we are revising our customer contracts in line with GDPR to provide the necessary GDPR commitments to our customers and enable them to demonstrate their own compliance with GDPR. We will proactively roll-out this language to our customers during Q1 of 2018.
Part of Thomson Reuters commitment to GDPR compliance is also a sustained commitment to our Information Security Risk Management program. We have an extended team of certified security and privacy subject matter experts located globally and dedicated to the security of Thomson Reuters products and services.
The Privacy Matters program is co-sponsored by Thomson Reuters General Counsel, Chief Information Security Officer, and Chief Transformation Officer, and is a key strategic priority for the company in 2017/2018 and beyond.
As our Privacy Matters program continues, we will remain closely engaged with our customers and release additional information to help you understand how our GDPR compliance program will assist you with complying with your own obligations under GDPR.