When your organization experiences a cyber-attack, you are not alone. The digital age presents more opportunities for hackers to breach information than ever before. According to the Identity Theft Resource Center, as of September 30, 2021, the number of publicly reported incidents of compromised data is 17 percent more than the total number of reported breaches during the 2020 fiscal year.
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A cyber security incident is a stressful and frightening event for an organization’s team. When it comes to putting cyber plans in place, organizations need to prepare for the worst-case scenario since it is no longer a matter of if a breach will occur, but when a breach will occur. Not only do policies need to be in place for preventing breaches, it is also helpful and reassuring to have a broad outline of the steps an organization’s counsel will take to analyze and remediate the problems caused by the incident.
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Countries all over the globe have been changing their data privacy landscape to account for the information protection required in the digital age. Organizations are handling large amounts of personal data gathered from numerous sources. This will only increase as more apps, communication platforms, and websites deploying more targeted advertising emerge. To avoid mishandling of sensitive information and give consumers more control, privacy reform has been trending. Now Singapore has made the list, as major amendments to the Personal Data Protection Act (PDPA) passed in November 2020 and has completely refocused the country’s data privacy priorities.
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Data security is a hot global topic right now. New laws that closely regulate data security practices seem to be popping up everywhere in order to account for all of the data people transmit electronically daily. Attorneys have been tightening their practices to protect confidential data and advising their clients to do the same. However, some organisations may not be aware that they could be liable for data breaches perpetrated by their employees – even in seemingly unrelated situations.
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