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|notifiable data breach legislation||1.02||0.7||146||16|
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The remedies available for failure to comply with data breach notification laws include injunctions to prevent further violations, monetary penalties, and reasonable costs.What are the possible consequences of a data breach?
A data breach is the unauthorized acquisition or use of sensitive personal information that creates a substantial risk of identity theft or fraud. Data breaches can be the result of criminal cyber-activity, such as hacking or ransomware, or because of employee error, such as emailing information to the wrong person.What is the Data Security and Breach Notification Act?
It includes the Data Security and Breach Notification Act, which mandates that businesses notify customers of breaches within 30 days. Know that punishment is added by the bill, and if someone “intentionally and willfully” hides a data breach, they might spend up to five years in jail.How can you mitigate the potential for damages from a data breach?
Secure physical areas potentially related to the breach. Lock them and change access codes, if needed. Ask your forensics experts and law enforcement when it is reasonable to resume regular operations. Mobilize your breach response team right away to prevent additional data loss.