Most technology start-up companies lack the experience and resources needed to manage the plethora of security, privacy, and compliance issues inherent in a growing technology business. Nevertheless, the legal and business implications of poorly managed privacy and data security practices are too important to ignore. A single error can undermine the trust of investors and customers, attract unwanted regulatory attention or litigation, and ultimately, derail a start-up’s success.
Partner at Greenberg Traurig
Françoise Gilbert has focused on information privacy and security for more than 25 years; she regularly deals with compliance challenges raised by cloud computing, connected objects, smart cities, big data, mobile applications, wearable devices, social media, and other cutting-edge developments. Françoise is internationally recognized as a thought leader and expert in data privacy and cyber security. In 2015, she was recognized as a “Cybersecurity and Privacy Trailblazer”. In 2014, she was named “San Francisco Lawyer of the Year” by Best Lawyers for her work in information privacy and security. She has been listed in Chambers USA and Chambers Global since 2008, Best Lawyers in America since 2007, and Who’s Who in Ecommerce and Internet Law since 1998 as one of the leading privacy and cybersecurity attorneys.
On Feb. 2, 2016, representatives of the European Commission and the United States agreed on a new framework for transatlantic data flow: the EU-US Privacy Shield, a new framework intended to replace the EU-US Safe Harbor that was invalidated as a result of a decision of the EU Court of Justice.
Most technology start-up companies lack the experience and resources needed to manage the plethora of security, privacy, and compliance issues inherent in a growing technology business. Nevertheless, the legal and business implications of poorly managed privacy and data security practices are too important to ignore. A single error can undermine the trust of investors and customers, attract unwanted regulatory attention or litigation, and ultimately, derail a start-up’s success.
In this first instalment of a two part article Francoise Gilbert from Greenberg Traurig LLP talks about the first 5 common privacy and data security mistakes that start-ups must avoid.