Tag Archives: Notification Laws

One-Size-Fits-All Data Breach Notification Laws Don’t Exist

One-Size-Fits-All Data Breach Notification Laws Don’t ExistFirms Must Be Aware of State Data Breach Notification Laws

The Ponemon Institute’s 2014 Cost of Data Breach Study: Global Analysis, sponsored by IBM, reveals that the average cost to a company for investigations, notification, and response when sensitive and confidential information was lost or stolen was $3.5 million. Moreover, according to Identity Theft Resource Center, 92 million records were exposed from 619 data breaches in 2013, 84% coming from …

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