Congratulations
 Nymity
Inc., Canada's leading privacy research firm,
recognizes Equifax's achievement in providing
consumers with clear and complete notice of its
privacy policies and procedures with the 2006
Top Privacy Policies in Canada award.
"Equifax's privacy policy is one the
best in Canada, and was top 3 in the Consumer
Services category," said Terry McQuay,
President of Nymity. Mr. McQuay continues:
"Equifax is clearly a leader in privacy.
For example Equifax was the first company in Canada
to provide a Privacy Fact Statement to help consumers
understand the organization's personal information
handling policies and practices."
Privacy Fact Statement is a privacy short notice
that provides consumers with a quick list of privacy
facts, similar to a nutrition label found on food
products.
The 2006 Top Privacy Policies in Canada awards
are calculated by using an objective measurement
of Transparency. Nymity defines Transparency
as: "Clear, complete and readily available
notice on an organization's privacy policies and
practices." One of the 63 criteria
used in the assessment for the Awards was: "Does
the organization have a definition section?"
Definitions are important as a term like
"third party" is used differently from
one organization to the next. Definitions
is just one of the areas in which Equifax excelled.
Not only did Equifax define third party, they
have several key definitions including: "personal
information", "disclosure" and
even "Chief Privacy Officer".
Equifax's privacy
policy is based on the 10 privacy principles,
a common and effective structure for privacy policies
as many consumers have become familiar with the
principles since the introduction of the Personal
Information Protection and Electronic Documents
Act.
About the Awards
Nymity objectively assessed over 200 Canadian
privacy policies against 63 privacy policy provisions
that enhance an organization's effectiveness in
providing consumers with clear and complete notice
of the organization's privacy policy. To
learn more visit Awards
Background.
Nymity is Canada's leading privacy
research firm. Nymity's research is made
available through pragmatic privacy risk management
solutions that help organizations mitigate risks
that lead to privacy breaches, customer complaints
and non-compliance with privacy laws. Our clients
include privacy officers, lawyers with privacy
practices, privacy consultants and privacy commissioners'
offices across Canada.
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