Fines and Lawsuits Are Adding to the Cost of Corporate Data Breaches
Nov 13, 2018 | 10:00 GMT
(ANTHONY WALLACE/AFP/Getty Images)
- Cyberattacks that lead to data breaches are not only damaging to companies and the individuals affected but are also a national security concern.
- Regulatory and legal bodies are increasingly punishing organizations that suffer data breaches with fines and settlements.
- Given new legislation and increasing attention to the victims of data breaches, the number of cases and total cost are poised to increase dramatically.