Privacy class actions pose threat
Kim Arnott from the Lawyers Weekly published an interested story entitled “Privacy class actions pose threat – Data breach could spur lawsuit“ (at p. 14) in the latest issue of Forensic Accounting & Fraud, (distributed with The Lawyers Weekly and The Bottom Line). I was interviewed for this article, and I discuss how the growing risk is driving companies to look at prevention. I am seeing increased corporate demand for privacy audits to help identify and limit risks.
In BLG’s 2016 annual report on business risks, we mention that small to mid-size entities are particularly vulnerable because they often lack breach response policies, proper governance tools and employee privacy training programs to prevent or promtply respond to breaches.
This content has been updated on July 29, 2016 at 9 h 46 min.