Attorney Articles
Advisen Publishes Bortnick on Privacy Compliance for Small and Medium-Sized Businesses
August 17, 2021
Richard Bortnick (Of Counsel-San Diego, CA) authored “Privacy-Related Training and Regulatory Compliance: Can Your Small or Medium-Sized Business Survive Without It?” for the August 12, 2021, edition of Advisen Cyber FPN.
The viability of a company, regardless of size, can hinge on compliance with federal, state and foreign privacy laws and regulations. Rick discusses the obligations of businesses in their “collection, storage, use, sharing and disposal of personally identifiable information (PII), protected health information (PHI) and payment card information (PCI),” and identifies the regulatory and legal risks and exposures associated with a company’s improper use or misuse of such sensitive information. The article concludes with recommended best practices, including employee training, audits, and working closely with an insurance broker to evaluate coverage, noting “an effective data privacy program will go a long way toward avoiding the substantial perils that could befall a noncompliant entity.”