By the Stats: A Security Breach May Impact Your Bottom Line

“That 5 percent may not sound like much, until you realize that anywhere between 23 million and 50 million Americans have received notification of a data security breach,” said David Bender, co-head of White& Case’s privacy practice. “That means more than 1 million people are likely seeking legal counsel. This should be particularly troubling to companies, especially in light of several putative class-action lawsuits recently filed in California against companies that experienced security breaches.”