Tag Archives: data breach litigation

Are Your Directors Talking Enough About Privacy and Data Security?

The number of companies suffering data breaches, and the average cost associated with each incident, continues to rise. According to the Ponemon Institute’s 2014 Cost of Data Breach Study: Global Analysis, the average consolidated total cost of a data breach rose to $3.8 million in 2014, which is a 23 percent increase compared to 2013. With the number of and costs associated with data breaches on the rise, corporate fiduciaries–directors and officers–need to be attuned to their company’s privacy and data securities policies and controls. Good corporate governance, meaning the system of rules, practices, and processes by which a company …

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How the Computer Fraud & Abuse Act Can Help Nab Hackers

For a C-suite level executive, CIO, or outside Board member concerned about a company becoming the next victim of a data breach, 2014 was a bad year.  Each succeeding month brought news of yet another breach, affecting hundreds of millions of estimated records by year end.  And 2015 is not going to be better.  According to a recent article, 52% of security professionals say their organizations will likely be successfully hacked in the next 12 months.  As such, for many companies, it is not a matter of if – but when – they will become the next victim of a …

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