Wednesday, August 12, 2015

Appeals Court Revives Neiman Marcus Data Breach Suit

This is a key ruling on cyber security, the burden of proving a loss has been lowered, and this Neiman Marcus Data Breach Suit, was revived as can many others, but more importantly with the loss burden being lowered to filling out forms and ordering new credit cards virtually every suit may have merit. Every firm needs to be aware of the higher risk being faced, certainly the insurance companies have and are scrambling to react. Training IE Cyber Security Awareness training seems to be the quickest way to help become more compliant, thus reducing charges of negligence. Just a thought :)
from CTI Consulting

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