Customers and the public expect a very quick response to a data breach — within a matter of a few days. That is the new standard. If your business is not prepared ahead of time for such a response, it will be impossible. Your business needs a response plan in place with all of the key players on the team, vetted and tested, well before the breach occurs.
At one popular panel, “A Brave New World: Cybersecurity and Data Protection in the Wake of Recent Corporate Attacks,” lawyers learned that their customers and the public expect a rapid-fire response to cybersecurity attacks.Moderator Miriam Wugmeister, a New York partner at Morrison & Foerster, cited Target Corp.’s notification of 40 million people in four days after its 2013 data breach. Target is a client of the firm. “That’s where the bar has been set,” Wugmeister said.