Data Innovation, Privacy & Cybersecurity
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With innovation in data collection and monetization continuing to accelerate and concerns about data protection, privacy and cybersecurity prompting ever-greater global scrutiny, boards and senior executives require sophisticated counsel to assess and navigate risks around the use of customer, business partner or employee data. We help clients establish oversight and compliance frameworks that reduce the potential for large-scale data breaches or cyber incidents, manage and mitigate fast-moving crises when they occur, and respond to related litigation.
Litigation partner Roberto Gonzalez recently participated in “Avoiding the Corporate Crisis,” a conference hosted by DirectorCorps and Nasdaq. Roberto’s panel, “Cybersecurity, Artificial Intelligence & Data: What You Should Know Now,” discussed the major data security and privacy issues and trends that corporate leaders should be aware of. Roberto encouraged board members and other corporate leaders to consider a risk-based approach to data management by creating compliance policies and procedures in line with government regulations, monitoring and measuring risk in a meaningful way and ensuring action plans are in place in the event of a breach or misuse of data. “There’s a lot of data floating around that creates a qualitatively different risk level than we have seen in a long time,” Roberto said. “[C]ompanies need to inevitably move in this direction [of innovation] but they also need to be contemplating what that risk is and getting their arms around it with the right experts, procedures and education.”May 19, 2020