Managing privacy risk in the digital age

Information often imposes obligations to the organization, whether because a law or regulation requires it, or fiduciary duty demands it.

Privacy has an impact on the business risks and compliance of every enterprise, and more so for global entities. Management and boards of directors should ensure that their organizations are adequately positioned to manage privacy across the enterprise.

While privacy in earlier years may have been considered more of a marketing hook, focused on customer preferences, privacy in recent years is associated with the potential for abuse — inappropriate access to or exposure of information resulting in identity theft and fraud. This year we add to these alarming concerns the regulatory changes across the globe, as well as the lingering effect of the economic crisis.

- Quoted from Ernst & Young

For a copy of the latest white paper from E&Y on this topic, please click here.