Data Privacy Day is recognized in the
United States, Canada and 47 European countries to promote privacy
and data protection best practices. Privacy, security and managing
cyber risks were hot topics in 2015 and 2016 is likely to be no
different. Following are issues to watch for in 2016:
Here
Regulators are watching how businesses use and protect personal
information and other data. The Federal Trade Commission (FTC), US
Department of Health and Human Services (HHS) and state attorney
generals, most notably but not exclusively in California, have been
active for years. 2016 is likely to bring expanding oversight and
enforcement with these agencies as well as the Federal
Communications Commission (FCC) for broadband privacy regulations,
the Food and Drug Administration (FDA) regarding connected media
devices, the Securities and Exchange Commission (SEC) and others.
Penalties for violations can be significant.