4 Important Tips for Companies Looking to Address a Cyber Breach
As the headlines fill with news of hacks and data breaches, more businesses are starting to realize they, too, may be vulnerable to a cyber-attack. “Denial of Service” attacks, malware infection, and ransomware extortion are terms that until recently would have been given short shrift in a boardroom. Now, not having someone in the boardroom who understands the risks of these attacks could subject your company to liability from customers seeking damages under various breach notification statutes. With the proliferation of the Internet of Things, cheap data storage, and efficient software solutions that allow even small companies to realize on the value of personal information, we have seen a congruent rise in the dark market for transactions of personal data, health records, malware and sophisticated hacking code.