Infosys Achieves Historic Milestone with BCR Certification

Infosys Ltd., a global IT services leader, has marked a significant milestone by becoming the first India-headquartered company to receive Binding Corporate Rules (BCR) certification. Approved by Germany’s Hesse Data Protection Authority in conjunction with the European Data Protection Board, this achievement enables Infosys to maintain robust data privacy standards while facilitating international data transfers within its group of companies.

Setting New Standards in Data Privacy

BCR certification provides a lawful framework for transferring personal data across borders while ensuring compliance with strict global privacy regulations. Infosys has been awarded two distinct certifications—one as a data controller and another as a data processor. These cover both the company’s internal data and that of its clients, reinforcing its position as a trusted partner in the digital economy.

The certification aligns with Infosys’ commitment to maintaining high standards of data protection, which is particularly crucial in today’s AI-driven environment. By adhering to BCR guidelines, Infosys showcases its ability to meet stringent regulatory requirements and bolster its reputation in international markets.

Enabling Seamless Cross-Border Data Transfers

With BCR certification, Infosys is now authorised to securely transfer personal data from Europe to any of its group locations worldwide. Chief Compliance Officer Inderpreet Sawhney described the achievement as a “milestone” in addressing concerns around cross-border data transfers.

Sawhney emphasised that this recognition strengthens Infosys’ focus on responsible business practices and positions it as a leader in data privacy. She added that the certification enhances Infosys’ competitive edge in managing sensitive data, building trust, and helping clients operate in a compliant and secure environment.

Infosys Share Performance

As of December 20, 2024, 12:28 PM, the shares of Infosys are trading at ₹1,928.00 per share with a decline of 1% from its previous day’s closing price. Over the last month, the stock has seen a surge of 5.10%. While over the year the stock has surged by 25.50% the stock has a 52-week high and 52-week low of ₹2,006.45 per share and ₹1,358.35 per share respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.