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Much has been written, in this space and elsewhere, on the
concept of "reasonable security" — what
constitutes "reasonable security," how much security is
"reasonable," etc. The entry of the
choice of computing devices to the workplace
– known as the "bring your own [personal]
device" or "BYOD" trend – has also
been dissected at length. Companies are grappling with
the wisdom of allowing employees to blend personal information
with corporate information and the risks posed by the lack of
control on corporate information once BYOD is
permitted. Many companies are playing catch up to
control these risks and implement policies and procedures.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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In this environment of growing attention to the risks of data security breaches, and in the midst of an explosion of mobile applications that make data storage an increasingly far-flung proposition, many organizations assume that the first line of defense for a company with a Web site or a mobile app is a good privacy policy.
The National Institute of Standards and Technology has released the fourth revision of its standard-setting computer security guide, Special Publication 800-53 titled Security and Privacy Controls for Federal Information Systems and Organizations, and this marks a very important release in the world of data privacy controls and standards.
The obligations of hedge funds, investment managers and service providers to protect confidential information relating to investors and avoid breaches of data privacy legislation is increasingly in focus.
In a recently released decision from the U.S. District Court for the Southern District of Florida, Mais v. Gulf Coast Collection Bureau, et al., Judge Robert N. Scola, Jr., granted in part and denied in part cross motions for summary judgment in a putative class action before considering the issue of class certification.
The report also found that most utilities only comply with mandatory cybersecurity standards, and have not implemented voluntary NERC recommendations regarding general or specific threats (e.g., Stuxnet).