Director FAQ: The Board’s Role in Data Privacy Oversight

In brief:

As companies collect more data from employees and customers, they have a corresponding increase in responsibility for protecting that body of data from unauthorized use. This memo reviews key issues and regulatory developments surrounding data privacy in the digital age, board oversight of company data privacy policies and programs, and additional resources on these topics.

This resource can help your board to

• become familiar with U.S. and European data privacy regulations;
• improve board and committee oversight of data privacy; and
• assess the strength of the company’s data privacy program.

Most relevant audiences: audit committee members, compliance committee members,chief compliance officers,chief information security officers, and chief privacy officers