Visit us at www.spirion.com to view more videos on this topic. Since the passage of the Gramm-Leach-Bliley Act in 1999, the nature of Nonpublic Information (NPI) and of personally identifiable information (or PII) has changed dramatically. Much of this change has come from the ways that machine-readable information such as IP addresses and browser cookies can be tied to an individual.
Some of it has come from Big Data’s ability to take seemingly innocuous information like GPS locations and precisely infer deeply personal information about an individual. And some has come from the sheer variety of ways a person can be identified.
Moreover, there is now recognition of intellectual property as meriting protection as its own class of data. Taken together, these elements of change are now reflected in the regulation of sensitive information, both in laws directly applicable to financial institutions like NYDFS Part 500 and in laws generally applicable to businesses, such as the California Consumer Privacy Act of 2018 or CCPA.
In this webinar, data protection veterans examine just how much the definition of and NPI and PII has changed and how FIs can get ahead of upcoming changes.
Takeaways include:
- Understanding the difference between PII and Nonpublic Information
- How to locate sensitive information within your organization and build a data inventory
- Strategies for complying with existing and upcoming laws that regulate the use of sensitive information
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