Five Privacy and Security Stories That Mattered in 2015

January 6, 2016 – In The News
Corporate Counsel

Scott L. Vernick was quoted in the Corporate Counsel article, “Five Privacy and Security Stories That Mattered in 2015.” Full text can be found in the January 6, 2016, issue, but a synopsis is below.

Each of the past few years has been dubbed “the year of the breach,” and 2015 was no different. The year began with companies still reeling from the Sony hack, which proved that data breaches could not only leak personally identifiable information, but also involve embarrassing proprietary information.

As the year continued, so did the data breaches, with attacks on electronic toy company VTech Holdings Ltd demonstrating that personal data loss continues to be a large risk, one that can even impact children, and the Ashley Madison breach providing plenty of public humiliation.

While companies shouldn’t expect breaches to slow down this year, many are actively getting more prepared for the inevitable. Scott L. Vernick, a noted privacy attorney, says he has seen companies engage in “data minimization,” the retention of as little data as possible.

“I think that companies are increasingly sensitive and increasingly acknowledging the fact that the less you keep, the less you have to worry about,” Vernick says. “And I think that’s a very good development.”

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