Data privacy is a growing and serious issue that can lead to severe monetary penalties, averaging $3.86 million per data breach in 2020.
In fact, some states have already passed laws that may impact the recovery industry, including California, New York, and Virginia. While each state law is unique, broad themes include requirements, such as:
- Destroying consumer records containing personal information when that information is no longer being used by the business;
- Notifying consumers and regulatory entities following data breaches; and
- Implementing reasonable safeguards to protect personally identifying information from unlawful use, disclosure or access.
In this white paper — authored by Attorneys Patrick Newman, Tal Bakke and Marie Brekke of Bassford Remele — you’ll learn how to stay ahead of the data privacy curve and which compliances your business should be considering now.
TODAY!: Get Your Data Privacy Issues Answered from Bassford Remele Attorneys
June 9, 2021
1:00 p.m. CST
TODAY!, as a follow-up to their ground-breaking white paper, Bassford Remele Attorneys Patrick Newman, Jessica Klander, and Tal Bakke will take a deep dive into the specifics as they relate to our industry.
They’ll be answering your questions in real-time, including:
- How to identify and respond to breaches;
- If/when you must provide notice of a breach;
- Who is responsible for deleting consumer information from vehicles;
- …and more!
Register today to learn about data privacy from the exports and get your most burning questions answered by the Bassford Remele attorneys themselves. It may make the difference between a boom and a bust for your business!
This information is not intended to be legal advice and may not be used as legal advice. Legal advice must be tailored to the specific circumstances of each case. Effort has been made to assure this information is up-to-date. However, the law may change frequently and it is not intended to be a full and exhaustive explanation of the law in any area, nor should it be used to replace the advice of legal counsel. Nothing stated herein creates an attorney-clientrelationship between any entity or individual, including American Recovery Association members, and Bassford Remele, P.A. No such relationship will be created absent an executed retention agreement with Bassford Remele, P.A.
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