01 Feb Bank Ethics Office Tells Privacy Pros to Act Ethically During Data Breach Crisis
At the recently held Privacy and Data Compliance Forum in Toronto by the Canadian Institute, Bank of Montreal chief ethics officer Ula Ubani reminded privacy professionals to act ethically in making all decisions in the event of a data breach crisis.
Ubani said that things can go “off the rails” quickly under pressure and in an incident team response, the bank’s privacy pro’s, lawyers, and customer advocates will likely have different opinions. However, Ubani advised that an ethical framework will be able to bring all sides together and make people understand the values, purpose, and aims of the organization.
BMO’s enterprise chief privacy officer Karen Burke reiterated that during data breaches, 9 times out of 10, doing the “right thing” means complying with regulations.
Source: IT World Canada