Company Liabilities Following Loss of Customer Information

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Stoel Rives attorneys Beverly Pearman and Jeremy Sacks discuss in a Portland Business Journal article the risk for companies who lose confidential customer data, such as Social Security numbers, bank account numbers and medical data.

Pearman and Sacks note that under state and federal law, the exploitation of such private third-party information by unauthorized entities or individuals can expose the company to significant liability. Accordingly, they caution that companies should continue to be on guard against information theft or loss and should continue to mitigate any identifiable risks in their third-party information handling systems.

Read the entire discussion at the Portland Business Journal website

"Companies can face liability for loss of customer information," was published by the Portland Business Journal, April 13, 2012.

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Jeremy D. Sacks
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