Days after the U.S. Supreme Court overturned Roe v Wade, attorneys across the country spoke about the need for business to reassess all their consumer and employee data to figure out how to better secure it.

And if the concerns around data retention weren’t high enough since then a $35 million penalty imposed by the U.S. Securities & Exchange Commission (SEC) on Morgan Stanley Smith Barney for violating the Safeguards Rule and the Disposal Regulation is likely another wakeup call for businesses.