The news regularly reports on data breaches and cybersecurity. While we read about the biggest breaches – Home Depot, Target, Anthem, JP Morgan, Wyndham – probably every business has been hacked and will be hacked again. According to a 2015 IBM study, the average cost of the 350 major data breaches it studied in 2014 was $3.8 million. This is an issue that demands everyone’s attention.
This article is a business and legal primer to advise on how to protect against, and respond to, cybertheft. It’s neither legal advice nor a detailed how-to manual. Rather, it’s a guide for developing a data privacy protection and cybersecurity plan appropriate to any business. Continue reading