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768 St. Andrews Blvd.
Charleston, SC 29407 USA
WTC The Hague Business Center
Princes Margrietplantsoen 33
2595 AM The Hague, Netherlands
Data privacy helps us to ensure that sensitive and personal data is only accessible to approved parties.
Data privacy is the protection of personal data
Consumers’ data is the most valuable commodity for businesses today. In the internet-driven world, data is among the world’s most valuable resources because of how much potential revenue and business value it can provide.
A couple of decades ago, most companies would collect data mainly related to their transactions. Nowadays, they have learned that this type of data, while necessary, is not the key to revenue growth. The key is understanding individual consumers. Companies collect a great amount of data about their customers to provide their services, power customer experience, build profiles, promote marketing strategies, push targeted products and services, and even sell them.
Personal Health Information is protected by the Health Insurance Portability and Accountability Act (HIPAA) and generally encompasses individually identifiable health information that is transmitted or stored by a covered entity, such as health plans and health care providers, or its business associates. This type of information may include:
Collecting and selling so much personal information has become a big business, but these practices make customers vulnerable to data breaches. There is a high demand for personal data in the illegal market and access to sensitive information by unauthorized parties can have serious consequences, such as:
A data breach occurs when someone unauthorized gains access to sensitive data or confidential information, including personal data (Social Security numbers, bank account numbers, healthcare data) or corporate data (customer data records, intellectual property, financial information). Organizations of every size and type are vulnerable to breaches – large and small businesses, public and private companies, federal, state, and local governments, and non-profit organizations.
By obtaining, collecting, using, and deriving a benefit from customers’ personal data, companies assume certain duties to protect and safeguard that information from unauthorized access, intrusion, and acquisition.
Knowles Law Firm is actively involved in a high-profile data breach case involving allegations that over 200,000 elderly citizens’ personal data were compromised and constantly investigates allegations of data breaches.
If you were a victim of a data breach, and your data has been compromised or you suffered negative consequences as a result, contact us to talk through your situation and any potential legal options you may have.
Knowles Law Firm, PC will advocate for your rights.
768 St. Andrews Blvd. Charleston, SC 29407 USA
WTC The Hague Business Center Princes Margrietplantsoen 33 2595 AM The Hague, Netherlands