Industry News

Data security laws coming to a state near you

Real estate industry learns how to thwart potential public relations disasters

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

SAN FRANCISCO – Coming to a state near you: privacy laws. Data breaches at major information houses this year have put consumer data protection high on everyone's radar, and the real estate industry is watching closely. "Ninety-eight percent of Americans are concerned about data protection," said Darity Wesley today during a real estate IT security workshop as part of Real Estate Connect 2005. Wesley is an attorney who has focused on privacy issues and now works as chief privacy guru at Privacy Solutions, where she helps companies create and enforce policies to protect sensitive customer information. Wesley noted the national attention that's surrounded major data breaches around the country this year at ChoicePoint and other companies. "It's going to be one of us in the not-too-distant future," she said. "And when it happens you're going to have to notify people." Real estate companies house all sorts of sensitive consumer data, from intricate financial information to what hour...