Data Breaches: Will You Be Sued, And Can You Lower Risk?
April 25, 2012, 1:29 PM EDT
Law360, New York (April 25, 2012, 1:29 PM EDT) -- Statistics regarding data security breaches can be sobering. For instance, according to one widely reported study conducted by the Ponemon Institute, 90 percent of organizations have had at least one data breach in the last year. More troubling is that the study concluded that the majority of organizations (almost 60 percent) had two or more breaches over the year.
In light of headlines describing multimillion-dollar data security breach settlements, it is no surprise that businesses fear the worst. As a result, after a breach occurs understanding...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.