Tag Archives: WISP

FCC Settles First Data Security Action

UPDATE:  The Federal Communications Commission (FCC) has reached a settlement with two telecom companies in connection with allegations the telecom companies violated the law regarding the privacy of phone customers’ personal information. As we previously reported and discussed, in October 2014 the FCC initiated its first data security case against TerraCom, Inc. and YourTel America, … Continue Reading

Checklists Not Enough When Developing a WISP, FTC Director Comments at IAPP Global Privacy Summit

This year’s IAPP Global Privacy Summit was very informative on a number of fronts, including the helpful insight provided by officials at the Federal Trade Commission (FTC) on a range of topics. A good summary of some of their comments can be found here, which includes concerns they expressed about the Consumer Privacy Bill of … Continue Reading

Best Practices For Gramm-Leach-Bliley Compliance

The U.S. Commodity Futures Trading Commission (Commission) issued a Staff Advisory on best practices for financial institutions that must comply with Gramm-Leach-Bliley Act (GLBA) provisions on data security and customer privacy. GLBA was enacted to ensure that financial institutions respect the privacy of their customers and protect the security and confidentiality of nonpublic personal information.  Specifically, … Continue Reading

Massachusetts Company Fined $15,000 Under State’s Data Security Law

The Massachusetts AG's enforcement of its data security law demonstrates that it does not take lightly the loss of Massachusetts residents' personal information, even if that loss has not caused any known harm to the affected residents, and that it may remain watchful over the subject of an investigation for years to come.… Continue Reading

WISPs Beyond Massachusetts

Over the past few months, many businesses, particularly in the Northeast Region, have been focusing on creating a written information security program (WISP) to comply with Massachusetts identity theft regulations that went into effect March 1, 2010. For many, this has been a significant effort, reaching most, if not all, parts of their organizations. However, … Continue Reading

Addressing Information Risk in 2010

Like individuals, businesses have resolutions/goals for 2010, perhaps even this new decade. As information risk, such as HIPAA or the occurrence of a data breach, continues threaten companies and put individuals’ personal identities, finances and medical information in jeopardy, addressing this issue in the coming years is a worthy resolution for any business. With this … Continue Reading

WISP: Do You Have a Plan for Your Company’s Sensitive Information?

Data privacy and security laws in states such as Massachusetts, Maryland and Nevada require businesses to develop written policies and procedures that provide administrative, physical, and technological safeguards to protect personal information – or a "written information security program" or "WISP." These laws do not require protections for confidential company information and trade secrets, but … Continue Reading