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, are data breach lawsuits always an expectation?
What does data breach encompass?
A data breach takes place when a service, application, or individual decides to retrieve, access, or view data illegally that is not their own. 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?
It was during the year of 2013 in the period between November 27 and December 15 where shopping for the holiday season is fast approaching that the popular Target store became a victim of data breach.
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 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.
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. 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 most likely the case that happens because companies such as Target do not have the necessary defense for the data breach. To avoid the media spotlight, most companies prefer settlements because it helps them get on with the case quickly.
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. 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, which professional should you approach if you come across 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.
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