The number of data breaches experienced and reported are expected to continue to rise in 2014, with healthcare, energy, financial services, retail and telecom industries top targets.
Law Technology News
December 20, 2013
Over several years, thanks in part to a steady stream of headline-grabbing incidents and lawsuits, the term "data breach" has gone from relative obscurity to part of the average person's vernacular. The number of breaches, whether caused by a negligent or disgruntled employee or an international hacker, has climbed over the years, as has the interest of regulators and class action lawyers. Most states and more and more countries have enacted laws to protect private information and to regulate an affected entity's response to a breach. The last few years also have seen entities creating and storing data at a record pace and becoming more reliant on third party vendors and cloud providers to help manage and secure their data. All these factors have led to a frightening data breach perfect storm.
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Read more: http://www.law.com/jsp/lawtechnologynews/PubArticleLTN.jsp?id=1202634116324&Predictions_Anticipated_Outcomes_of_a_Data_Breach_Perfect_Storm#ixzz2o31yNYLY
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