Cybersecurity and Privacy Regulations Now Require Information Governance
While information governance has been a best practice in cybersecurity, outside of the Federal government and Sarbanes-Oxley financial reporting requirements, for the most part, regulations have not required information governance. That is rapidly changing. The New York Department of Financial Services new cybersecurity regulation has intensive information governance requirements that go beyond personal information. The European Global Data Protection Regulation, also has significant information governance requirements.
Rick Borden, Partner in the Cyber Law and Data Protection Group, will discuss some of these regulatory requirements and where regulation is going in these areas.
- Information Governance is critical to effective cybersecurity and privacy protection
- Regulatory requirements are increasing the focus on information governance
- Corporations are having significant difficulty meeting regulatory requirements, which may lead to fines and other penalties