Boards Face Tough Choices On When To Store And Dump Data

Amy C. Purcell was featured in the Financial Times' Agenda article "Boards Face Tough Choices on When To Store and Dump Data." Full text can be found in the January 11, 2016, issue, but a synopsis is below.

As cyber attacks become more commonplace and increasingly expensive, data security professionals and the Federal Trade Commission suggest that boards of directors need to inventory personal information and indicate if certain data should be "retained, where it is and what it is being used for." The disposal of unnecessary data may prevent a company from becoming the next victim of a cyber-attack.

"You need to make sure you're asking the right people the right kinds of questions, because your inventory is only as good as the information that you're obtaining when you're embarking on this data inventory," says Fox Rothschild's Amy Purcell.