A Legal Guide to PRIVACY AND DATA SECURITY 2024

BEST PRACTICES

As you read through this Guide you may be overwhelmed by the sheer number of laws and regulations. How can a business possibly comply with so many laws and regulations? Is it even possible for a business to limit the potential risks? A good place to start is to first determine what you are already doing relative to the collection, storage, and use of personal information. There may be some basic preventive actions and steps you can take before a data breach or other incident arises. In this section, we suggest basic activities that should help a business be more prepared in the event of a data privacy breach or other security incident.

Key Questions Every Business Should Ask Related to Data Privacy and Security

The following are some basic questions that general counsel, senior management, and corporate directors should be asking themselves and their companies about data privacy and security: • Why should my business be concerned? • What personal information do we collect and what do we use it for? • What personal information do we share with others? • Why do we share this information? • How does data flow through our company? • Where is it stored? •What steps do we take to protect personal information that we collect?

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