Business Law Journal Symposium 2015 part 4: Panel 3 -- Social and Ethical Impacts of Corporate Data Breaches

Business Law Journal Symposium 2015 Corporate Data Breaches: What Companies Can Learn from Recent High Profile Attacks Friday, November 6, 2015 Symposium Theme The increasing number of major corporate data breaches has created new challenges in terms of safeguarding private customer and company information. The public, the government, and the law are beginning to respond and attorneys will need to incorporate public concern, new governmental regulations, and recent and upcoming judicial opinions into their practices. The responses to recent high-profile breaches as well as official submission to the United States Supreme Court of Spokeo, Inc. v. Robins, the case that granted plaintiff Thomas Robins standing under the Fair Credit Reporting Act with only a speculative injury, represents a turning-point in corporate data management. Although the exact outcome is uncertain, experts in corporate law, professors on security law, and public-policy creators will discuss where they believe the field is headed and what is likely to have the greatest impact. Panel Three -- Social and Ethical Impacts of Corporate Data Breaches With data breaches impacting heath insurance companies, high-volume retailers, wireless carriers, websites, and a host of other professional organizations and business, millions of consumers are directly impacted by these attacks. Once private data has been accessed, concerns arise regarding financial security, preservation of identity, and public fear. Additionally, there are logistical concerns about how soon a company is required to notify customers, in what form the notice should be, how much information a company is required to disperse, and what steps a company should reasonably be expected to take to limit current data loss and prevent future data loss. This panel will discuss the social and ethical implications of major data breaches and the impact on individuals and the public. Moderated by Professor Steven Nam, Visiting Professor at UC Davis School of Law Speakers: Timothy Yim: Director of Data & Privacy at Startup Policy Lab Anna Lauren Hoffman: Scholar of law and technology as applied to ethics and public policy, at University of California, Berkeley Chris Ridder: Partner at Ridder, Costa & Johnstone LLP and associate scholar with Stanford Law School’s Center for Internet and Society