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 technology’s advancements, do expect security and cybercrime to advance as well. So, should every company be prepared with data breach lawsuits?
What is data breach all about?
A data breach is a situation wherein your personal data are being accessed, retrieved, or viewed illegally by a person with the use of certain services or applications. 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 current data breach news?
Between the 27th of November and the 15th of December in the year 2013, the popular store, Target, became victim of data breach just as the busy holiday season is fast approaching.
The personal information contained in 40 million debit and credit cards were reportedly stolen.
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.
Most data breach cases that have happened in the previous years have come across class-action lawsuits but then they were settled thus no longer facing some time in court.
This is always an expectation because most companies that were breached with the likes of Target do not come prepared with defense. Settling is the only way for these companies to finish the case in no time without having to deal with media coverage.
So, what happens with data breach cases 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. A Rhode Island lawyer even said that lawsuits of this type are on the rise because of the increasing attention being placed upon liability by several defense lawyers.
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 capable of formulating data breach responses, advising and protecting companies that have become data breach victims, and protecting one from being liable with data breach.
Source: see it here