Utilizing data analytics can benefit nearly every industry, from health and education to energy and technology. However, collecting and utilizing data also comes with a unique set of legal considerations, as individuals and organizations need to consider everything from privacy to regulatory compliance.
Given the novel legal landscape of data analytics, it is important to rely on experienced lawyers who understand the rapid evolution of the field. The tools and techniques are complex and rapidly changing—will you tokenise your database to allow it to be de-identified in data matching exercises?
Data is a relatively new resource to mine. However, many act too quickly to capitalize on its value, such as pursuing digital marketing opportunities without considering privacy implications. Though using data can have many benefits, one wrong step can have severe financial and reputational consequences, whether it’s from a data breach or the misappropriation of information.
Our lawyers provide advice on a wide range of areas related to data analytics, including:
Drafting and negotiating contracts
Compliance
Privacy
Data breaches and other cybersecurity-related matters
U.S. Department of Justice (DOJ) Deputy Attorney General Lisa Monaco presented a new policy at a Securities Industry and Financial Markets Association event that requires chief compliance officers (CCO) to certify that compliance programs have been “reasonably designed to prevent anti-corruption violations.”
The Victorian Government's proposed Occupational Health and Safety Amendment (Psychological Health) Regulations (Vic) (the Proposed Regulations) are expected to commence on 1 July 2022.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.
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