Todays global economy is based upon the flows of information. Businesses need to safeguard the security and confidentiality of personal information and confidential business information. Security breaches can lead to identity theft, economic loss, damaged reputation, loss of trade secrets and shareholder claims. The Federal Trade Commission (FTC) estimates that as many as 10 million Americans have their identities stolen each year.
Every business, large or small, needs policies and procedures relating to security and privacy. Effective policies and procedures, coupled with dedication of resources for ongoing security, can help avoid or minimize economic and non-economic (emotional) losses for customers, banks, management and shareholders due to identity theft, security breaches and data reconstruction.
As attorneys, we assist companies in identifying and managing legal risks relating to data management, data protection and privacy. Such issues arise in everyday operations, such as supply-chain integration, in-house data processing and outsourcing, and in more strategic operations, including mergers and acquisitions, bankruptcy, private equity finance and corporate restructuring.
- Sources of Privacy Law
- General Principles of Privacy Protection
- Protected Personal Information
- Companies with Privacy Responsibilities
- Legal Services on Privacy Law
- Pending U.S. Legislation
- Technology Resources
- Legal Resources
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