Nearly $10 million: that’s the average cost of a data breach in the United States. From direct costs related to investigations, litigation, and fines to indirect costs such as reputational damage, businesses have too much at stake to leave their data security to chance.
If your business captures or stores personal or confidential information, you’re at risk. While it is important to take proactive steps to safeguard your organization, it’s simply not possible to fortify your organization against every risk, particularly if those risks are inside your company.
If your organization suffers a data breach, you must take swift action to limit its impact. That is why you should retain the services of a data breach lawyer who is available 24 hours a day, 7 days a week. Below, we review what these lawyers do and how they can help if you are the victim of a cyberattack or other data breach.
Wat does a data breach lawyer do?
Data breach lawyers have specialized knowledge of complex data privacy laws. For example, laws like the European Union’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) impose stringent requirements on companies handling personal data. A data breach attorney can help companies take steps to comply with these regulations, minimizing the risk of regulatory infraction.
If a data incident occurs, attorneys can help you comply with federal, state, and international laws that require you to notify individuals and government authorities of the breach. They can also help you develop a litigation and/or settlement strategy in the event you are sued because of a data breach or audited by a regulatory agency.
Data breach attorneys can also help companies take proactive steps to improve their data security and data privacy. For example, they assist companies in drafting data security policies, reviewing data privacy practices, and examining third-party contracts to isolate vulnerabilities. They also help companies build a strong culture that supports data security through training and other compliance programs.
Why should businesses have a data breach lawyer on call?
There is no time to waste when a data breach occurs. Identifying and vetting potential legal counsel can waste precious time as the effects of the breach continue to multiply.
Having expert legal counsel on-call expedites the response process, allowing the attorney to take immediate action by working with senior leadership to identify key internal and external players and stakeholders; initiating crisis management actions; conducting investigations to determine the scope and impact of the breach; liaising with law enforcement agencies and other local, state, and federal regulatory bodies; drafting notices to impacted persons that satisfy all legal requirements; and implementing appropriate remediation measures to mitigate further harm.
A data breach attorney can also help control the financial fallout associated with a data breach by assessing potential liabilities and damages incurred as a result of the incident, negotiating with affected parties and insurance providers, and representing the company in any litigation that may arise.
Where to find an experienced data breach lawyer
Data breaches happen when you least expect them, and the impact can be devastating. Having a skilled, knowledgeable data breach attorney on call when it happens will save you precious time and resources as well as provide a sense of direction and stability during turbulent times.
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