Maura Healy

Mass AG Starts Equifax Litigation Derby

Equifax’s data breach involving the sensitive and personal information of 143 million consumers has sparked a national outcry and, investigations by over 30 state Attorneys General and the Federal Trade Commission.  Last week, Massachusetts became the first state to commence litigation against Equifax and is now considering amending its data breach law in response. EQUIFAX…

Cyber Security: Cost of Data Breaches, PCI Court Challenge, Role of Cyber Insurance and Cyber Attack Update

The Cost of Data Breaches to US Companies At present, every U.S. state has a data breach notification law except for Alabama, Kentucky, New Mexico and South Dakota.  A Ponemon Institute study found that: in 2012 data breaches cost companies $188 per record compromised or $5.4 million on average; A plurality of the breaches (41…