DIAGNOSIS: WE HAVE PII AND IP… NOW WHAT?

Many corporations are facing the impossible. They have PII and IP, but once exposed, they face the risk of either data privacy breaches or revealing company secrets that would have given them market advantage. The major question becomes: how can we remain compliant without losing our edge?

by Dr. Nina Mohadjer, LL.M.

W ho does not know the problem: Personally Identifiable Information, PII for short. Suddenly, it sounds great to use the term without really knowing what it is and what to do with it. My trip will lead to document review, but I should first describe the initial situation. It should be noted that the dilemma begins with defining the term. The National Institute of Security Technology (NIST) has adopted the following definition, which is unofficial but most commonly used: “Any information about an individual held by a government agency, including (1) all information used to distinguish or trace an individual's identity, such as name, social security number, date and place of birth, mother's maiden name or biometric records, and (2) any other information that can be linked to an individual, such…

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The European Business Review (Digital) - 1 Issue, September/October 2023

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