Friday, April 15, 2016
Data Security Relevance to More than Just PII
Data security relevance is customarily popping up in everyday life, business, and in our system of society. To think that billions use handheld devices for entertainment, staying informed of news, and to also be able to know where they are and where they are going, there is another segment of our network life infrastructure, growingly dependent on being connected so-to-speak. Medical care providers, accountants, tax services, property appraisers, websites, and even law firms are vulnerable. Business has garnered higher stakes by virtue of it enhancing process features of administration and service delivery. Enhancement has come in ways touching upon data storage for files and ease in retrieval and sharing among colleagues. Improved means of communications coupled with the ease of recording such communication by date, title, content, and relevant matter.
To a certain extent, there is a growing responsibility to safeguard that data of amassed personal identifying information (PII) or customer proprietary network information (CPNI) or even confidential personal information (CPI), no matter what legal provision one resorts to find a binding basis for asserting some type of grievance. Law firms, the bastion for safeguarding rights, records, and maintaining confidentiality, are no longer seen as immune. As reported, two major American law firms became victim to phishing schemes which targeted employees of the two firms. The Wall Street Journal and The American Lawyer reported that the firm Cravath, Swaine & Moore and the firm Weil, Gotshal & Manges, were attacked by phishing schemes seeking held and stored client trade secrets, intellectual property, and sensitive client business information.
Data security relevance just shifted from commonly read consumer identity theft, acquisition of social security numbers, and credit card information to corporate espionage seeking competitive trade secret information. The efforts to safeguard the “valuable” commoditized client information are now at the forefront of and should be of every business or firm, large or small, association or government. Data security incidents will ubiquitously impinge on boardroom meeting agendas and also reach to district level school board meetings. The relevance of data security is ever present.
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