ON TECHNOLOGY CONTRACTS

The data disposal requirements are not simple or easy to navigate, either. Numerous companies besides Morgan Stanley have suffered lapses, including, for example, American United Mortgage Company, Cornell Prescription Pharmacy, FileFax, CVS Pharmacy, Searchtec, Home Depot, and RadioShack... That said, for customers contracting for technology services or products that require the use or availability of personal data, several steps are available to reduce data disposal risks... These mitigations for technology customers and vendors are even more important, given the volume and dynamic nature of data destruction and disposal requirements and corresponding challenges for these companies.