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A Look at the Legal Consequence of a Cyber Attack

The State of Security

Compared to 2018, reported data breaches in 2019 jumped by 33.3%, and record breaches jumped by 112%, according to a Risk Based Security research report. Unfortunately, there hasn’t been a commensurate rise in organizational preparedness to lower the risk of cyber-attacks. A Kaspersky study showed that over 57% of respondents don’t have a cyber-security policy in place, and in cases of medium-size businesses, the number jumps to 71%. This means smaller and medium-sized enterprises are at greater risk of legal consequences if they fail to follow relevant laws of the land.  


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