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Guardian Sustainable Business: Privacy and Data Security: Why Should Investors Care?

May 28, 2013

On Tuesday, May 28, 2013, the Guardian Sustainable Business printed an Op-ed which is co-authored by Trillium’s Natasha Lamb, Corey Johnson of Pax World Funds and Michael Connor, the Executive Director of Open MIC, a non-profit organization that works with companies and investors on open media issues. The authors note: “…While privacy is vital to consumers, ensuring proper data management is also critical to investors in publicly-held US companies. Our research shows that even the largest and most sophisticated enterprises may not be adequately prepared to deal with these challenges. The Securities and Exchange Commission highlighted the importance of the …

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Privacy and Data Security – eBay (2013)

November 26, 2012

Whereas, Digital technologies and commerce have created extraordinary business opportunities for eBAY; they may also present serious risks to privacy and data security. Breaches of privacy and data security are a growing threat which can result from company negligence or external attacks. Cyber attacks on U.S. computer networks rose 17-fold from 2009 to 2011, according to the U.S. National Security Agency, with many companies not even realizing they were attacked. According to a 2011 Ponemon Institute study, the per capita cost of a data breach was $194, with an average incident cost of $5.5 million.  A separate Ponemon study found …

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Privacy and Data Security – Apple, Inc. (2013)

September 18, 2012

Whereas, Digital technologies and online communications have created extraordinary business opportunities for Apple; they may also present serious risks to privacy and data security. Breaches of privacy and data security are a constant threat which can result from either company negligence or external attacks. Cyber attacks on U.S. computer networks rose 17-fold from 2009 to 2011, according to the U.S. National Security Agency, with many companies not even realizing they were attacked. Privacy breaches have also grown dramatically in recent years. According to a 2011 Ponemon Institute study, the per capita cost of a data breach was $194, with an …

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