Cyber incidents pose a growing threat to both individuals and companies. In 2018, billions of Americans had their personal information exposed in cyber incidentsand, according to IBM, the average data breach cost U.S. companies $7.9 million. For companies who store sensitive information, whether customer data or trade secrets, guarding against cyber incidents should be a high priority.
There are steps that companies can take to protect themselves from these risks, and a knowledgeable attorney can help navigate a complex regulatory environment. While some international and federal laws exist, rules governing cybersecurity are increasingly being considered and passed at the state level, creating a patchwork of penalties and incentives depending on where your business is located. For businesses located in Ohio, our attorneys can help your company prepare for the event of a breach and protect itself from potential legal fallout.
Signed into law in 2018, the Ohio Data Protection Act incentivizes businesses to protect customer data before a breach occurs. Our attorneys can help guide you in creating a proactive cybersecurity policy for your business. This offers protection in two ways: by lowering the chances that your business will become the victim of a successful attack, and in the event of a data breach, provide your business with an affirmative defense against lawsuits. We can help you craft a policy which complies with accepted industry standards.
No matter how well prepared an entity is, data breaches remain a fact of digital life. In the event of a breach, our attorneys can help you understand your obligations to your customers, your potential liability, and what steps you can legally take to investigate and limit damage from the attack.
An Ohio attorney can help your business create a cybersecurity policy that works for you. Preparing for the worst protects your business today and in the future should your data be compromised. Contact Niekamp, Weisensell, Mutersbaugh & Mastrantonio for a free consultation and find out how our attorneys can help.
 Snider, Mike. “Your data was probably stolen in a cyber attack in 2018 – and you should care.” December 28, 2018. https://www.usatoday.com/story/money/2018/12/28/data-breaches-2018-billions-hit-growing-number-cyberattacks/2413411002/  Marvin, Rob. “How Much Does a Data Breach Cost Anyway?” July 19, 2019. https://www.pcmag.com/news/362543/how-much-does-a-data-breach-cost  Wysopal, Chris. “Why states should push forward with cyber laws.” March 14, 2019. https://thehill.com/opinion/cybersecurity/434016-why-states-should-push-forward-with-cybersecurity-laws  Kerr, Orin. “What is cybersecurity law?” May 14, 2015. https://www.washingtonpost.com/news/volokh-conspiracy/wp/2015/05/14/what-is-cybersecurity-law/?utm_term=.15abaa59a354
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