SEATTLE—The ubiquity of data and the desire for privacy often are at cross purposes. Effectively employing customer data while also protecting their personal privacy can be challenging for companies and other data users.
Womble Bond Dickinson attorney Peter McLaughlin spoke on “The Future of Borrower Data and Housing Finance” at the Nov. 5 InnovateHousing conference in Seattle, presented by the Washington Center for Real Estate and Fannie Mae. McLaughlin was joined in the discussion by joined Scott Hallworth, Fannie Mae’s Chief Data, Modeling and Analytics Officer; and moderator Drew Meyers, the founder of Geek Estate Blog and Geek Estate Mastermind. Comments from the panel discussion were featured in coverage by Housing Wire.
McLaughlin said, “There’s no single definition of privacy. When there’s information about you, you want that information to be used in a way that you perceive as being responsible. And you want to have some level of control over that information, you know, even if you don’t own it.”
He gave Social Security Numbers as an example. Individuals don’t own these numbers, yet they expect them to be protected (even though most already are out there on the dark web, McLaughlin said).
Peter McLaughlin is a Privacy & Data Security attorney who advises clients with respect to a broad range of technology transactions, privacy and security issues. While maintaining a broad privacy practice, McLaughlin focuses on innovative uses of data, especially with the life sciences and digital health sectors. He also guides clients in their domestic and international handling of personal information; new product development; and the assessment of legally defensible cybersecurity programs.