The Importance of Hiring Highly Skilled 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, should people always anticipate data breach lawsuits?
What does data breach encompass?
A data breach happens when a person with the use of any service or application gains access to personal data that they can view without authority. It is the kind of security breach that steals one’s data or publishes such data to an illegal location or one that is unsecured.
So, what are the latest data breach news?
During the time where the season of doing holiday shopping is fast approaching, that is between November 27 and December 15, 2013, the popular store, Target, became an easy data breach target.
Personal information from 40 million debit and credit cards has been stolen.
Investigators of the said incident found out that the thieves were able to steal these vital information by setting up software on payment terminals. These payment terminals are what clients use to swipe their payment cards when they check out.
The said data breach affected all 1797 stores of Target all throughout the United States.
Because of the resulting damages, by the end of the year of 2013, millions of dollars have been sought by at least 15 filed data breach lawsuits. With how vast the harm has resulted, it is not surprising that even the Department of Justice have made efforts to dig the case even more.
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 happens because most likely the company that has been breached had not enough defense just like the incident of Target. 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%.
Since the lawsuits that involved well-known companies like Target, Home Depot, and eBay have gained media attention, so does the issue itself. 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, who can help you if you are caught in a data breach situation?
If you get caught in a data breach situation, it is important that you hire only 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.