The Importance of Hiring Highly Skilled Data Breach Lawyers
Even if you have employed all the necessary cyber security precautions, your company is still not a hundred percent safe from cyber criminals, nation-state actors, and hackers.
With the rapid advancements in technology so does security and cybercrime. So, should every company be prepared with data breach lawsuits?
What is data breach all about?
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 is the latest data breach scope?
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 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.
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. The harm was indeed extensive which even propelled the Department of Justice to carry out its investigation on the breach.
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 is the future of data breach cases?
According to majority of reports, data breach incidents as well as their corresponding lawsuits are increasing from 25 to 30% per year.
Well known lawsuits such as those involved with Home Depot, eBay, and Target have gained a lot of attention to the issue at hand. Even one Rhode Island lawyer claimed that more lawsuits of this issue are sure to come with the increasing efforts of defense lawyers to find more liability angles.
So, who can help you if you are caught in a data breach situation?
When it comes to data breach cases, you must only seek the services of 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.