
Data Privacy And Security Lawyer
The statistics are in. No matter the size of your operation, data security can be a big problem. To demonstrate the scope and severity of data breach issues, here are a few statistics:
- In 2020, the average total cost of a data breach in the United States was $8.64M.
- A cyberattack occurs every 39 seconds.
- Cybercrimes are projected to cost the world an unfathomable $10.5T annually by 2025.
The following is presented for general informational purposes only, and should not be construed as legal advice. Your best source for information about your case is to contact an attorney.
Increasingly in the world of data privacy, knowledge truly is power. The more you know about the types of attacks that businesses face, the better you can make sure your own business avoids becoming a cautionary tale. The more you can educate yourself, your stakeholders, and your employees about how hackers can breach your company, the more protected you are. To help arm you with some basic knowledge about data breaches, we have summarized a few of the more common types that businesses face.
- Ransomware. In a ransomware attack, the attacker will encrypt the victim’s files, making them unrecoverable to anyone who does not have the encryption key. The attacker then demands ransom in order to decrypt the files. Ransomware attacks can cause devastating business interruptions.
- Phishing. Phishing is a variety of “social engineering.” In a phishing attack, the attacker sends a fraudulent message to the victim, in hopes that the victim will reveal confidential information, or perhaps click a link that allows the attacker to place malware on the victim’s server or hardware. You’ve probably seen phishing attacks, but the attackers get more creative and disguise their attacks better every day.
- Brute Force. This is where an attacker attempts multiple passphrases in an attempt to guess the correct one. Generally, this consists of the attacker running a script to rapidly test passwords. It is important that your organization has requirements around password strength and frequency of password changes.
- Distributed Denial of Service (DDoS). In a DDoS attack, attackers flood the capacity of a targeted system, making a web service unavailable to its users. This is done by bombarding the target machine or resource with requests, overloading systems and preventing genuine requests from being addressed.
- Keylogging. In a keylogging attack, the attacker will put malware on the victim’s machine which logs keystrokes. This leads to the attacker obtaining passwords as well as other sensitive information.
Security Policies
A security policy implements controls and procedures within your business to ensure that your employees are properly educated about security risks and taking the correct measures to avoid them. A good security policy gives organization the ability to implement organization-wide controls where appropriate, and disseminate easily understandable and applicable protocols to those employees at touchpoints which have more vulnerability.
The Hermele Law Firm can help your business develop a security policy tailored to the specific data security risks faced by your business. Furthermore, we can help develop your company’s incident response plan in the event that a breach should occur.
Privacy Policies
Equally important to data security is ensuring that your business adheres to applicable data privacy laws when handling sensitive information, and also when engaging customers and potential customers online.
If your business relies on a digital presence, you should consider implementing or updating your website privacy policy. Your privacy policy should be transparent about what information is being collected from your visitors, and you must also ensure your business adequately adheres to the representations made by your privacy policy. While the United States does not have a federal-level privacy law for everything, such as the European Union, the U.S. does have a patchwork system of privacy laws for certain types of information. Health information is the most well-known information which is regulated for privacy at a federal level—you’ve almost certainly heard of the Health Insurance Portability and Accountability Act (HIPAA). Adding to this, each state has its own data privacy laws. These different laws can make data privacy in the United States difficult to navigate. If you’re looking for guidance, you should talk to a data privacy lawyer.
Data Breach Response Protocols
In the event your business is breached, your state likely has certain laws for data breach notification. You don’t want to wait until the breach happens to formulate a plan. Have a plan in place first to make sure that you avoid liability from individuals affected by the breach and avoid regulatory penalties for failing to satisfy data breach notification. The Hermele Law Firm can assist in the development of your business’s data breach response protocol.
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