ECJ Cyber Byte – August 6, 2015

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ECJ Data Privacy Byte

On July 9, 2015, the Consumer Financial Protection Bureau (“CFPB”) released a publication detailing “CFPB’s Vision of Consumer Protection in New Faster Payment Systems.” These principles emphasize data privacy, including transparency by the payment systems’ providers as to how consumers’ data is being transferred, who has access to it, and how the data can be used. Click here.

 

ECJ Data Privacy and Security Quote

“The real mechanism for corporate governance is the active involvement of the owners.” ~ Louis V. Gerstner, Jr. (Former CEO of IBM). Note: In today’s digital age, information governance has become a significant part of corporate governance.

 

ECJ Privacy & Data Security Law Workgroup
Patrick A. Fraioli, Jr.