Unless you’ve been living under a rock for the last few years, you know that data privacy and security are key concerns these days. In an August 2012 survey by FTI Consulting, Inc., corporate directors and general counsel listed “data security” as the No. 1 business concern, ahead of operational risks and business reputation.
WITH MINDI GIFTOS
Storage has become so cheap so fast that we think nothing of storing five slightly different, slightly blurry copies of the same photo on our phones, in hopes that one turns out well. We store old files and folders on our computers, thinking we might use them in the future, but up to 80% of our documents are not accessed for three to five years from the time they were saved. Companies store years’ worth of customer and employee data and internal communications, much of it sensitive and dangerous in the event of a data breach, system hack, or litigation.
To keep pace with rapidly evolving technology, the Federal Trade Commission (FTC) recently issued several important amendments to the Children’s Online Privacy Protection Act of 1998 (COPPA). All businesses that use social media, technology, and mobile applications should be aware of the new requirements, which became effective on July 1, and take steps to comply with them.
Mindi Giftos and her colleagues in Husch Blackwell’s Technology Law group handle a wide variety of issues related to emerging and established technologies, including intellectual property, development and licensing, commercial contracting, and corporate transactions across a broad range of industries.