Toronto — Security breaches that result in a loss of customer data could not only tarnish a company's reputation, it could land the CEO in jail. Privacy is a business issue and involves all C-levels, said Jay Rosenblatt, a partner with Simpson Wigle LLP in Hamilton, Ont., during a panel discussion on policies and requirements for security management at InfoSecurity Canada in June. From a legal perspective, inaction is an act of negligence. "C-level execs are being sent to jail," he said. "There has to be due diligence to be protected." Current and proposed government regulations and standards are affecting information security in both the public and private sector.
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