By Candice Lang, AlixPartners LLP
Properly managing the personally identifiable information (PII) of employees and customers has become a primary concern for corporate counsel and risk managers. It’s no wonder given the massive fines regulators are dishing out. In 2012, the Federal Trade Commission fined Google $22.5 million for misrepresenting the information it collects on its users. More recently, the Federal Communications Commission slapped a $25 million fine on AT&T stemming from the company’s lax internal data security practices that allowed the Social Security numbers of more than 200,000 customers to be accessed and sold to criminal organizations.Continue Reading Managing Privacy Risks in E-Discovery Data Collection and Processing: Understanding data privacy regulations for personally identifiable information