May 9, 2005

Identity management lockdown forced by regulation, reputation

Author: Jay Lyman

It seems the embarrassing, damaging corporate-senior-moment data disclosures keep on coming: ChoicePoint, Bank of America, Lexis-Nexis, Ameritrade, and others -- with more on the way -- given the sloppy fashion in which many more corporations handle personal employee and customer data, some experts say.

As if the black eyes of losing or disclosing data on tens of thousands or millions of patrons were not enough, the public perception of these privacy sins are translating to politics that include planned, threatened, and existing legislation, including laws such as the California Breach Disclosure Act (CBDA), which requires detailed disclosure of breaches and can open companies up to more liability.

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