Huron Consulting Group Joins EU Data Privacy Safe Harbor
CHICAGO – February 14, 2008 – Huron Consulting Group (NASDAQ: HURN), a leading provider of financial and operational consulting services, today announced that it has been accepted into the U.S. Department of Commerce Safe Harbor Program. This data protection agreement between the U.S. and European Union (EU) allows the Company uninterrupted flow of information from the EU to the United States, based on meeting firmly established data security requirements outlined in the European Commission’s Directive on Data Protection.
“We are very pleased to receive this certification. It reinforces Huron’s ability to support the needs of our clients with multinational operations,” said Daniel P. Broadhurst, chief operating officer, Huron Consulting Group. “It also assures EU organizations as well as U.S. and global companies that Huron understands the importance of protecting the privacy of our clients’ data and modeling the principles of good data governance.”
Safe Harbor registration allows Huron clients to send their EU data to Company facilities in the U.S. with confidence that the data will be adequately safeguarded. It also gives Huron the ability to quickly access EU-hosted information, which will speed up response time to cross-border client needs.
The European Commission’s Directive on Data Protection, established in 1998, prohibits the transfer of personal data to non-European Union nations that do not meet the European "adequacy" standard for privacy protection. The EU Safe Harbor, approved by the EU in 2000, provides a method for U.S. companies to comply with European privacy laws and efficiently transmit data across U.S.-EU borders. Organizations voluntarily certify to the Safe Harbor, and must re-certify annually. For more information on the Safe Harbor and for a list of certified organizations, please visit: http://web.ita.doc.gov/safeharbor/shlist.nsf/ff3399c0b11a37f585256967004f4959/502d18681d44207f852573d10078a569?OpenDocument
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigations, regulatory compliance, procurement, financial distress and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational and organizational change. Huron provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
Jennifer Frost Hennagir, Director
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