Lessons Learned from Years with Professionals
The Ill Effects of Data Breaches and Why You Need to Only Hire the Best Data Breach Lawyers
No matter how much effort you put into the security measures, your company is still not a hundred percent safeguarded from hackers, nation-state actors, and cyber criminals.
With the rapid advancements in technology so does security and cybercrime. So, are data breach lawsuits always an expectation?
What does data breach encompass?
A data breach takes place when a service, application, or individual decides to retrieve, access, or view data illegally that is not their own. It is the type of security breach where one’s data is stolen and then published into an illegal location or an unsecured one.
So, what are the latest data breach news?
It was during the year of 2013 in the period between November 27 and December 15 where shopping for the holiday season is fast approaching that the popular Target store became a victim of data breach.
It was found that 40 million debit and credit cards have stolen personal information.
Investigators of the said case discovered that it was the payment terminals where the thieves were able to install a software to steal vital information. These payment terminals are where the payment cards of clients are being swiped while they check out.
In the United States, all of the 1797 store branches of Target have been affected greatly.
It was found that there were 15 lawsuits that were filed before the end of the year 2013 asking for millions of dollars as payment for damages. Because of how extensive the harm has brought upon the lives of the victims, the Department of Justice even pushed efforts to delve into the case.
Majority of data breach cases in the past couple of years underwent class-action lawsuits; but, nonetheless, they got settled without having to be taken in the court of law.
This is most likely the case that happens because companies such as Target do not have the necessary defense for the data breach. To prevent getting unnecessary media attention, a lot of companies prefer settling their cases so that they get to move on from it quickly.
So, what should one expect with data breaches in the future?
It has been found out in recent reports that cases of data breaches as well as their corresponding lawsuits are increasing per year between 25 and 30%.
The issue at hand has become a big deal ever since highly sensationalized lawsuits happened like those of eBay, Home Depot, and Target. One lawyer from Rhode Island even claimed that more lawsuits of this kind are coming because of several defense lawyers looking into different liability aspects.
So, which professional should you approach if you come across a data breach situation?
If you have stumbled upon a data breach case, then it is a must to only seek help from the best data breach lawyers. Data breach lawyers are experienced with advising and protecting companies that have fallen prey to data breaches, coming up with data breach responses, and protecting one against liability from data breach.
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