Lorenz – Brussels Bishkek Geneva

Data Security Breaches

It happens all the time. Moreover, IT executives can no longer ignore it. All it takes is a lost laptop, BlackBerry or USB flash drive, a disgruntled or criminal employee, or a breach to some other part of your security efforts, and critical data about your business, your partners, or your customers can fall in the wrong hands. The direct costs can be substantial, but the indirect costs – brand damage and loss of business – can be even worse.

The recent slew of high-level security scandals has brought data protection and data security in particular into the spotlight, and to the attention of enforcement authorities as well as the public.

We advise clients on their obligations under any applicable data security breach notification laws and assist them in drafting and implementing on appropriate data security policy which is compliant with the applicable privacy and data protection laws. Indeed, companies need to be pro-active and prepared for the occurrence of data security breaches. Regularly, we also cooperate with communications agencies to prepare a communication plan that can be rolled out in the case of a data security breach.

Please click here to receive more information about our IT security practice.