When responding to a high-pressure cyber incident, a strong data analytics team is invaluable — and can almost allow attorneys to see into the future. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss sits down with Jay Brudz, partner at Faegre Drinker and Tritura managing executive director, and Kenny Darrell, Tritura senior data scientist, to discuss the use of data analytics in investigations.
Health care data breaches cost health care entities an average $408 per record– the highest of any industry for the eighth straight year, according to IBM and the Ponemon Institute’s 2018 Cost of a Data Breach Report, and three times higher than the cross-industry average of $148 per record. The cost for a health care data breach increased from last year’s reported average of $380 per record. Contributing factors to the high costs include compliance with laws and regulations and abnormally high churn rates due to consumer mistrust.
The Sedona Conference®, a nonprofit research and educational think tank dedicated to the advanced study of law, particularly in information governance, has released its Incident Response Guide , open for public comment through June 19, 2018. Drafted by Working Group on Data Security and Privacy Liability (WG11), the guide is meant to serve as a practical resource for practitioners dealing with the legal, technical, and policy issues related to data-related incidents – from distributed denial-of-service to ransomware attacks.