Breach to Bench: How Class Actions Are Born From Cyber Incidents with Chris Wood

Описание: In this episode of the Safe House Initiative, host Jeff Edwards and Tawana Johnson speak with Chris Wood, a partner at Lewis Brisbois law firm, on the complexities of data breach litigation. He reveals that class action lawsuits have surged sixfold and are now targeting small and midsize businesses, not just large corporations. The litigation process often begins with regulatory breach disclosures, with plaintiffs' attorneys focusing on claims of negligence and breach of contract.

Wood emphasizes that businesses can mitigate risk by implementing strong cybersecurity policies, conducting penetration tests, and adhering to standards like NIST and ISO. He also stresses that cyber insurance is essential for covering the high costs of legal defense and settlements.

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