Final answer:
PII, or personally identifiable information, should be seen only by the person identified, monitored for compliance with laws, and protected by regulations. In the event of a breach, individuals should be notified promptly.
Step-by-step explanation:
Personally identifiable information (PII) refers to information that can be used to identify an individual. PII should be seen only by the person identified to maintain privacy and confidentiality. It should be protected by laws such as COPPA, HIPAA, or FERPA to ensure proper handling and storage. In the event of a data breach, individuals should be informed as soon as possible to take appropriate measures.