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Cybercrime will carry a global price tag of $6 trillion by 2021, according to a Cybersecurity Ventures annual report. The National Security Agency warns that cybercriminals are “becoming more sophisticated and capable every day in their ability to use the Internet for nefarious purposes.” Yet many companies fail to take basic precautions, such as deleting […]
Canada: “Once More Unto the (Data) Breach”…Looking back at Twelve Months of Mandatory Breach Notifications – Lexology
As described in numerous previous articles over the course of 2019, the past year saw an unprecedented number of breach notifications in Canada. In Europe, under the scrutiny of the General Data Protection Regulations (“GDPR”), there were a whopping 89,200 notifications in the first twelve months of the GDPR coming into force in May 2018. […]
To Survive a Data Breach, Create a Response Playbook
When developing a data breach response plan, identifying everyone who must be involved in the plan – as well as at which stages – is key, as is doing so in advance. “Today, in working on their cyber preparedness, companies regularly involve areas of the company outside information security, including counsel, compliance, senior management and […]