The Importance of Hiring Highly Skilled Data Breach Lawyers
Despite employing the best security measures, your company is still not a hundred percent safe from nation-state actors, hackers, and cyber criminals.
With the rapid advancements in technology so does security and cybercrime. So, should every company be prepared with data breach lawsuits?
What does data breach mean?
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 current 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.
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. Such payment terminals are used by clients when they check out by swiping in their payment cards.
In the United States alone, all 1797 Target store branches have been affected by this breach.
By the end of the year of 2013, 15 lawsuits have been filed ensuring to seek millions of dollars in exchange for the damage that was done. 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.
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 happens because most likely the company that has been breached had not enough defense just like the incident of Target. 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?
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, which person must you seek some help if you have stumbled upon a data breach scenario?
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.