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ARTICLE · 08 APRIL 2012

Risk Management Steps For Preserving Data Security

Whether a business keeps data in its immediate possession or transfers it to "the cloud", the threat of hacking is ever-present.

United StatesInsurance

This article was originally published in Focus (Industry News), New York State Hospitality & Tourism Association newsletter (Winter 2012)

Whether a business keeps data in its immediate possession or transfers it to "the cloud", the threat of hacking is ever-present. Even in the absence of a hacking incident, improper disclosures of sensitive business data are common.

In one recent example, Major League Baseball went to court to gain information from an off-shore insurance company to learn how non-public financial information captured electronically for several baseball teams made its way onto the Internet. It's a sobering example of how much information is captured electronically and just how easily that information can be made public, even without the involvement of a computer hacker.

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