DATA SECURITY AND DATA PRIVACY ISSUES FOR BUSINESS …

data SECURITY AND data PRIVACY ISSUES FOR BUSINESS CLIENTS. Lisa E. Underwood [B]oards that choose to ignore, or minimize, the importance of cybersecurity responsibility do so at their own peril.. SEC Commissioner Luis A. Aguilar, Boards of Directors, Corporate Governance and Cyber- Risks: Sharpening the Focus, Speech at the New York Stock Exchange (June 10, 2014). data SECURITY and data PRIVACY have been the hot topic in the BUSINESS world for the last several years. With high profile data breaches impacting millions of customers across the globe, the BUSINESS that hasn't addressed the probability of not if but when the breach will occur has its head in the sand. There are multiple ISSUES this topic includes: the internet of things, storing data in the cloud, bring your own device (BYOD), PRIVACY notices on websites and data tracking. Should a company counterattack a hacker? Will there be a federal law on data breach notification?

Data security and data privacy issues are not the responsibility of only the information technology department. Various business functions, whether the business is large or small, need

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