Privacy and data security: why should investors care?

There is no ‘safe haven’ for investors when it comes to data security and the onus is on them to scrutinise management.

“Your secrets are safe with us.” That basic message is conveyed every day, directly or indirectly, by businesses that handle the personal information of virtually every American.

Looking for a mortgage? Tell us how much you owe and how much you earn. Think you might have a health problem? Tell us your age, gender and medical history. Want to buy a new pair of shoes? Please provide your size, preferred colour, style and zip code – and, by the way, how did that last pair work out for you?

SOURCE: guardian.co.uk