Employees using corporate or personal devices to text and use communication apps use can pose risk to an organization. The risk can be even greater for highly regulated industries like financial institutions. Recently, Deutsche Bank announced a ban on employee text messaging with company-issued phones. The ban also extends to the use of communication apps like WhatsApp.
Even more than email, text messages and communication app messages pose record-keeping challenges. The bank issued a memo stating that “[w]e fully understand that the deactivation will change your day-to-day work and we regret any inconvenience this may cause . . . however, this step is necessary to ensure Deutsche Bank continues to comply with regulatory and legal requirements.”
Assessing your organization’s device and app related risks is an important part of an overall compliance and risk management program. For an article with more information on the Deutsche Bank texting ban, click here. Contact us at Ossian Law regarding any information technology law question.
UPCOMING PRESENTATIONS & WORKSHOPS
“Social Media 2017: Addressing Corporate Risks”
Practicing Law Institute, Wednesday, February 15, 2017
1177 6th Ave.
New York, NY 10036
Facebook, Instagram, LinkedIn, Pinterest, Snapchat, Twitter, Yelp, YouTube and other social media sites are transforming not only the daily lives of consumers, but also how companies interact with consumers. Indeed, even the largest, most conservative blue-chip corporations have embraced social media; one study revealed that, of the Fortune Global 500, 93% were on LinkedIn; 85% had Twitter accounts; 74% had a presence on Facebook; and 64% had a YouTube channel; these numbers will only increase over time.
However, along with the exciting new marketing opportunities presented by social media comes challenging new legal issues. In seeking to capitalize on the social media gold rush, is your company taking the time to identify and address the attendant legal risks? The good news is that, merely by undertaking simple, low-cost precautions, companies seeking to use social media can significantly reduce their potential liability exposure.
Full day event culminates with an in-house panel addresses hot issues and emerging trends, and provides creative solutions (moderated by Kathy Ossian of Ossian Law P.C.) More information available here.
“Avoiding Technology-Aided SNAFUs”
Ossian Law P.C., Thursday, March 30th, 5:30- 7:00 p.m.
701 Woodward Heights, Suite 117
Ferndale, MI 48220
Continually evolving technology makes our lives easier. As more activities become Internet-enabled, the potential for mistakes also increases. Information Technology attorney Kathy Ossian will provide specific examples of technology-aided SNAFUs, including those involving using and managing social media, email, web sites, mobile apps and online accounts. Learn steps designed to avoid technology-aided blunders. Networking from 5:30 – 6:00 with presentation from 6:00 – 7:00. Complimentary admission. Heavy hors d’oeuvres are included. Space is limited. Register here today!
Source: Ossian Law
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