Lawyer Article
Protecting Data in a Business Failure
September 3, 2009
This article is republished here courtesy of the Association of Corporate Counsel (ACC Docket, September 2009 edition, link to article)
Abstract
Newscasters and politicians repeatedly stress that the current economic downturn is unlike any other before. It is unique because complexity in financial services has blinded executives to true risk. It is unparalleled for its impact on the savings and investments of the middle class. It is exceptional because of its depth, speed of descent and massive numbers of business failures.
This economic crisis is also exceptional for its threat to personal data.
About the Authors
Ted Claypoole - As a senior member of the Firm's Intellectual Property Practice Group, Ted leads data breach incident response teams in the financial, information processing, retail and software industries. He also negotiates and prepares data management, business process outsourcing, distribution, branding, software development, hosted application and electronic commerce agreements for all types of companies.
Danielle Benoit - Danielle practices primarily in the area of Communications law with a focus on Data Privacy and Security. She is based in the firm's Washington, D.C. office where she is well-positioned to closely monitor regulatory issues across industry. She focuses her practice on international data protection matters and advises clients on new media privacy issues including Web site management, behavioral advertising, Customer Proprietary Network Information (CPNI), and online safety for minors.
This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, PLLC. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.
