Collecting personal information

Those of us familiar with the EU are familiar with government agencies placing and enforcing restrictions on the collection of personal information, to protect the privacy rights of its citizens.

“CFPB Curbs Data Collection,” The Wall Street Journal, December 5, 2017 B5. The Consumer Financial Protection Bureau stops collecting personal information (including data on credit cards and mortgages) until adequate cybersecurity protections are in place.

Delicate balance between protecting privacy and protecting your credit?  Or the recognition by the government of their duty to protect our information?

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Filed under Controls, Duty, Duty of Care, Governance, Government, Information, Internal controls, IT, Ownership, Privacy, Protect assets, Security

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