Businesses and consumers around the globe will observe Data Privacy Day on Saturday, Jan. 28, and at least one security expert is urging businesses to assess risk management practices that relate to data security and where they are able to make improvements.
Kevin Kalinich, global practice leader for cyber liability, Aon Risk Solutions, points out that new risks are being discovered constantly. He pointed to recent security breaches at Zappos, Sony, and the Carrier IQ mobile-device privacy controversy.
Kalinich believes insurers who have chief privacy officers, privacy offices, and IT security offices completely understand these issues and are well on their way to putting these or similar recommendations into their plans.
The issue, as he sees it, is implementation.