Assertion Partly supported AI assessment confidence: 85% certainty 4/5 debate potential 2/5

Paula Long: Privacy fines target 50-person startups as aggressively as Fortune 1000s

Paula Long · a16z Podcast | Dumb Storage Gets Smart · Jan 2, 2019 · at 10:39

Paula Long, CEO and founder of DataGravity, discusses data privacy risks and compliance challenges associated with managing unstructured enterprise storage.

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“Small companies have the same, and mid-sized companies have the same issues with data privacy as larger companies. It's just not as well publicized, and the fines are the same. The fines are the same. The state and the federal government don't care whether you're a Fortune 1000 company, or you're a 50 person company when it comes to allowing, like, personally identifiable information to be accessed inappropriately, and so you really need to make sure that you're managing your unstructured data properly, because ignorance of compliance is not compliance, and the fines are probably more than the cost of the storage.”

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