Mishandling a data breach could be detrimental, to put it mildly, so a panel at ALM’s Cybersecurity and Data Protection Legal Summit discussed best practices for effectively handling data breaches. About 70 people attended the hour-long morning session, “First Responders: How Outside Counsel and Forensic Investigators Help Clients Respond to a Data Breach,” held at The Harvard Club in New York City. Panelists: Two partners at Ropes & Gray: Richard Batchelder and Mark Szpak, and Erin Nealy Cox, executive managing director at consultancy Stroz Friedberg.
There have been 4,449 publicly announced data security breaches since 2005, the panelists said, citing data from the Privacy Rights Clearinghouse’s Chronology of Data Breaches. The Ponemon Institute said the cost of stolen personal information per record is $201 and averages $5.9 million per incident, the panel noted.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
