Korean media has reported that Korea's 3 major credit card companies will face at least $96 Million in fines due to the recent massive data leak involving over 100 Million account holders.
Korean media has reported that Korea's 3 major credit card companies will face at least $96 Million in fines due to the recent massive data leak involving over 100 Million account holders.
A company should take a number of steps to protect its trade secrets and confidential information. Failure to do so will result in loss of trade secrets as well as theft of confidential information.
This article was originally published by Bryan E . Hopkins in the Korea Risk Intelligence Report (KRIR) on March 31, 2014. Link: http://www.eruditerisk.com/index.php/tools/korea-risk-intelligence-report. The full report is available to KRIR subscribers. At the Risk of Losing Data: Data Privacy and Protection Korea’s largest ever data loss may lead to changes to a privacy-related legal […]
Lately, the news has been filled with stories of data theft especially involving credit card users or retailers having their systems hacked.
From a legal risk management perspective, it is important to use the correct law firm . Whether the company is large or small and whether it has an in-house Law Department or not, picking the right outside law firm is essential.
We live in a competitive world. The extent to which a company or organization is able to protect its trade secrets is an important factor in its overall ability of to survive and prosper.