NAR's Data Security and Privacy Toolkit
Technology has dramatically increased the amount of consumer data collected and used by businesses. Several recent high profile data breaches, coupled with a high rate of identity theft crime as made data security and consumer privacy a hot issue for policymakers in Washington.
REALTORS® strongly support efforts to protect consumers' sensitive personal information. The REALTOR® code of Ethics and Standards of Practice explicitly acknowledge a REALTOR's® obligation to preserve the confidentiality of personal information provided by clients in the course of any agency or non-agency relationship—both during and after the termination of these business relationships. REALTORS® support for data protection measures is also bolstered by their day-to-day business activities where they see first hand the damage that identity theft can do to a family's ability to rent an apartment or buy a home. This resource will provide REALTORS® with current information on policy efforts underway in Washington to regulate data security and consumer privacy.
This Data Security and Privacy Toolkit aims to educate real estate associations, brokers, agents, and multiple listing services about the need for data security and privacy and assist them in complying with legal responsibilities. The Toolkit provides:
- Information about state laws and pending federal regulations regarding data security & privacy protection
- Checklists of issues to consider when drafting a security program
- References and sample policies created by government or other organizations
- The FTC: 5 Key Principles to a Sound Data Security Program
Plan ahead and know the Data Security & Privacy laws that impact you and your real estate business.