Data Security in a Joint Venture
The increase of security breaches involving personally identifiable information (PII) has added to the loss of millions of records over the past few years. Violations involving PII are dangerous to individuals through blackmail and identity theft, while organizations can be liable for remediation costs and loss of company trust. Through the Gramm-Leach-Bliley Act, the Federal Trade Commission has required organizations to protect the confidentiality of personal information.