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Yes, it's highly relevant to any company that handles peoples' sensitive personal data. Here's an excerpt: > “Institutions that store personal information of o
by greenyoda 5y ago
Yes, it's highly relevant to any company that handles peoples' sensitive personal data. Here's an excerpt:
> “Institutions that store personal information of others must comply with the law,” said Acting U.S. Attorney Hinds. “When hacks like this occur, state law requires notice to victims. Federal law also requires truthful answers to official government inquiries. The indictment alleges that Sullivan failed to do either. We allege Sullivan falsified documents to avoid the obligation to notify victims and hid the severity of a serious data breach from the FTC, all to enrich his company.”