By Bill Dodd
(The Davis Enterprise, 8-1-18)
Protecting consumer personal and financial information is not only the responsible thing to do. It’s good business.
Last week, Facebook found out the hard way that to act otherwise can affect the bottom line. It suffered the largest drop in Wall Street history, losing $120 billion in stock value, on projections of slower user growth tied to the Cambridge Analytica scandal.
Clearly, being reckless with data can have disastrous effects. And consumers are demanding better safeguards.