Privacy And The Board – Responsibilities And Liabilities

It is more important than ever for organizations to have appropriate privacy compliance programs in place to mitigate significant privacy related risks.

Given their statutory and fiduciary duties, the directors of an organization's board have a unique responsibility and legal duty to ensure their organization has appropriate privacy compliance programs in place to mitigate these risks. In particular, an organization's board of directors is responsible for managing the business affairs of the organization and directors are required to act honestly and in good faith with a view to the best interests of the organization and to exercise the care, diligence and skill of a reasonable person in comparable circumstances.