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Privacy Update: Corporate Boards - Don't Underestimate Your Role in Data Security Oversight | Arent Fox


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The Federal Trade Commission (FTC) continues to put emphasis on the importance of corporate board involvement in privacy and data security.
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Corporate Boards: Don’t Underestimate Your Role in Data Security Oversight
The Federal Trade Commission (FTC) continues to put emphasis on the importance of corporate board involvement in privacy and data security. It states, “[I]t’s essential for corporate boards to do what they can to ensure that consumer and employee data is protected.” The FTC’s recent statement includes five recommendations for corporate boards: (1) make data security a priority, (2) understand the cybersecurity risks and challenges your company faces, (3) don’t confuse legal compliance with security, (4) it’s more than just prevention – take reasonable precautions, and (5) learn from mistakes. ....

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The Worldwide IT Asset Disposition Industry is Expected to Reach $21.2 Billion by 2026 at a CAGR of 7.9% from 2021


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The IT asset Disposition market is expected to grow from USD 14.5 billion in 2021 to USD 21.2 billion by 2026; it is expected to grow at a CAGR of 7.9% from 2021 to 2026.
The IT asset disposition market has been witnessing significant growth over the past years, mainly owing to regulatory compliances, awareness of conserving the environment, and the growing need to prevent data breaches. The market is further driven by the vast amounts of e-waste, the need for safe methods of disposing of e-waste, and environmental policies which are followed by industries. The surging adoption of new technologies and BYOD trend is also expected to considerably boost the IT asset disposition market in the coming years. ....

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