Data Security: Is Your Company Protected?
Association of Corporate Counsel, Nevada Chapter
The vast benefits of the ongoing technological revolution are undeniable. Businesses use troves of data to increase efficiency, enhance marketing, and uncover new opportunity. The same technologies that businesses employ in their operations, however, allow both inadvertent mistake and criminal conduct. Even technologically advanced companies, such as Las Vegas Sands Corp. and Target Corp., fall prey to myriad technology accidents and crimes. Because of the increasing risk to companies, data misuse can lead to significant corporate losses and may negatively harm one’s brand. Consider Target’s CEO, president and chairman, who was forced to resign after months of dealing with one data-breach event.