Data breaches do not mean just privacy being invaded. They could also lead to a lot of losses in terms of finances, identities getting stolen and also loss of trust and reputation. There are examples of some data breaches that took place on a large scale, such as the scandal related to the Facebook Cambridge Analytica which can impact millions at one go. It is advised to approach a data breach lawyer in California if you reside in California, or get in touch with a cyber security lawyer who will help you resolve such issues at the earliest.

Data Breaches – Are they dangerous?
As consumers, many of us do not understand that there are issues unless a letter is sent across by the organization indicating any form of data breach that has taken place. A few might understand the situation immediately when their bank accounts get wiped off their savings or someone misuses their accounts. For a person, a data breach is invading your privacy and this might compel you to get some new licenses, credit cards or even passports! This could be quite stressful, time-consuming and expensive as well. Whenever you are faced with such a situation, make sure you immediately consult with a cyber security lawyer and prevent any further losses.

As an organization or business, a data breach could lead to losing all your data related to employees or clients. This in turn damages the relationship of trust between the clients and the business, which in turn negatively affects the reputation of the firm. Once this happens, the company faces a downfall, in terms of its power and hold, and in terms of revenue. Technology is advancing at such a fast pace that there have been a lot of data breaches and hacking and there have been new variations in these as well. Cybersecurity is crucial for all firms and they must ensure that they have sophisticated security systems that can tackle such frauds. Every single business and organization collects a lot of sensitive data pertaining to their clients and it is the responsibility of the company to safeguard this data.

Companies like Health insurance, social media, credit bureaus, as well as various other corporations have to take the needful measures to update their security systems in the right way and this must be done as and when the there are updates on the security patches. The firms must also hire IT teams that are knowledgeable and it is important to have an open source counsel on the team as well.

DATA BREACHES – Major Breaches you must be aware of
The issue of Cambridge Analytica had an impact on about 87 million users of Facebook.The entire issue began when an application was created by Aleksandr Kogan. In order to design this particular application, the data of thousands of Facebook users was collected by way of a personality quiz. Once the quiz was taken, the users granted permission to the application to make use of their data for the purpose of research. However, the app not just accessed data but also accessed their friends profiles as well as contacts. This was possible due to the lack of diligence on part of Facebook. So, in 2018, a statement was issued by Facebook to those whose data had been passed on to Cambridge Analytica. In case you face such situations, it is recommended to seek advice from a data breach lawyer.
Examples of organizations that face legal actions for breach of data are Facebook, LifeBridge and Equifax. However, the list is not limited to these companies. If ever you suspect that your data has been hacked and there is a data breach that has taken place, get in touch with a cyber security lawyer as they can help you recover your losses and other damages. It is better to act quickly and recover your losses as soon as possible.