Privacy Enforcement Actions on the Rise

In February this year, federal agencies and the Financial Industry Regulatory Authority (FINRA) announced significant privacy enforcement actions that have resulted in millions of dollars in fines.  Could a potential privacy enforcement storm be brewing? In the past, this website has consistently listed privacy violation findings as a risk management issue that could become a financial threat capable of “closing the doors” of a business. Our staff continues to stress privacy concerns, information security and the potential threats from cybersecurity dynamics as critical components every … [Read more...]