FBFK Data Privacy, Security & Compliance Shareholder/Attorney Jenifer McIntosh recently spoke to more than 30 financial executives at the monthly dinner meeting of the Dallas Association for Financial Professionals about the state of data security and privacy in the industry. Specifically, she covered the implications of the new SEC cybersecurity rules, Federal Trade Commission judgements for misleading statements about security, and the 12 states considering privacy laws in their state houses.

 

In the words of McIntosh, “It’s going to be a watershed moment for privacy very soon.”

 

Additionally, she shared insights into:

 

• the importance of security, from a business and personal perspective;
• the increasing amount of regulatory oversight of data protection and privacy; and 
• the increasing costs to both businesses and people of data breaches.