U.S. FTC's Hearing on Informational Injury
The US FTC, agency in charge of cybersecurity and privacy is hosting a hearing on December 12, 2017 to discuss three major topics:
- “Better identify the qualitatively different types of injury to consumers and businesses from privacy and data security incidents;”
- “Explore frameworks for how the FTC might approach quantitatively measuring such injuries and estimate the risk of their occurrence;” and
- “Better understand how consumers and businesses weigh these injuries and risks when evaluating the tradeoffs to sharing, collecting, storing and using information.”
These topics will have a direct bearing on how plaintiffs in data breach litigations may prove injury to satisfy standing requirements as discussed here.
Will monitor and update.