To protect consumers comprehensively wherever
breaches occur, Congress should ensure that any federal
breach notification law applies to all affected industry sectors and leave no holes.
Pizza Hut estimated "less than one percent" of visits to its website during the week of the
breach were affected.
IT consultant CGI and Oxford Economics recently issued a study, using data from the
Breach Level Index and found that two-thirds of firms
breached had their share price negatively impacted.
For a full summary of data
breach incidents by industry, source, type and geographic region, download the First Half 2017
Breach Level Index Report http://www6.
The study also found that "
breach fatigue" may be lessening the impact of a
breach on a company's stock performance.
The method used to
breach data is one thing; the number of records compromised in another.
The 2017 Cost of Data
Breach report also revealed that malicious or criminal attacks are the most frequent cause of data
breach in Saudi Arabia and the UAE.
In the 2017 global study, the overall cost of a data
breach decreased to $3.
Fortunately, the vast majority of these
breaches are quickly and professionally handled by the DON CIO privacy staff, and the local privacy coordinator, mitigating the impact of the
breach on the individuals whose PII has been compromised or could have been compromised.
The
Breach Level Index highlights four major cybercriminal trends over the past year.
He recently sat down with Inside Counsel to discuss current trends in data
breach litigation and key takeaways from past class action lawsuits arising from alleged privacy violations and
breaches and what precedent they might set.
The
breach occurred in canal near village Umer Rahu that inundated villages Umer Rhu, Bachal Rahu, Imam Bux Naich and Gul Mohammad.
