2020 has been a year for the record books, and the area of data breach litigation is no exception. Several key developments, when considered individually or in conjunction, will likely make breach litigation a top of mind data privacy issue going into the next year. So fasten your seatbelts and read on as CPW recaps what you need to know going into 2021.
Overview of Industries Impacted by Data Breach Litigation in 2020
What industries were impacted by data breach litigations in 2020? The short answer: all of them.
Despite the widespread adoption of cybersecurity policies and procedures by organizations to safeguard their proprietary information and the personal information of their clients, consumers, and employees, data breaches are all too common. CPW has covered previously how “[t]echnical cybersecurity safeguards, such as patching, are obviously critical to an effective cybersecurity program. However, many of the most common vulnerabilities can be addressed without complex technical solutions.” Top five practical recommendations to reduce cyber risk can be reviewed here.