Although immense technological advancement has made in the cybersecurity space, cyber crimes are still on the rise. As a business owner, it’s imperative to protect the digital information of your company, employees, and customers. In recent years, finance and healthcare industries have started keeping lawyers for data breaches.
According to BSA Ahmad Bin Hezeem & Associates LLP, most of their clients bring cyberattack cases, and the number is increasing every year. So, experts suggest that businesses should hire a breach lawyer in their cybersecurity team. In this article, you will explore the importance of a lawyer for cybersecurity.
Are Cybersecurity Lawyers Necessary?
Even if you haven’t considered hiring a cybersecurity lawyer, it’s a good idea to keep one on retainer. Here is how a lawyer can help to protect your digital information.
1. Dealing With Cybersecurity Breach
There are many cyberattack cases found even in large corporations. Despite having a dedicated team for cybersecurity, new cases are rising up in many organizations. If a security incident occurs, it’s hard for the enterprises to answer their customers, stakeholders, and media.
In such a situation, cybersecurity lawyers can help the organization deal with them. Apart from that, the lawyers also can assist on what legal recourse can be taken against the perpetrator. So, it’s important for organizations to have a lawyer in their IT or cybersecurity team. The lawyers can make employees aware of the importance of business cybersecurity.
2. Cybersecurity Insurance Coverage
One of the common mistakes that many enterprises make is they don’t have enough insurance coverage for cyberattacks. Security breaches can cost a huge amount that a business owner might not have ever imagined.
A cybersecurity specialist with a legal background can advise on adequate insurance coverage for cyber attacks. Insufficient coverage can lead to hampering the business. So, business owners must consult cybersecurity lawyers before choosing insurance coverage for security breaches.
3. Use Cybersecurity Forensic Evidence for Litigation
When a security breach occurs, businesses may need to provide evidence for filing litigation against the perpetrator. One of the main essential pieces of information in security breach cases is forensic evidence.
Although forensic professionals have the knowledge of how to manage the chain of forensic evidence, they don’t know how to use it for litigation. A legal counsel can use the forensic evidence for filing a lawsuit against the suspect.
4. Handle Cyber Security Lawsuits
Businesses always need to be prepared for uncertainties. It’s a common thing that a business might be alleged for being negligent or mishandling customer information. A business may have to face harsh legal consequences for a security breach of customer information.
In such a situation, an experienced breach lawyer can handle the lawsuits appropriately. However, it’s important for business owners to find a reputable lawyer who has experience in handling such cases and an excellent track record.
5. Limiting the Liability of Cybersecurity Executives
Last but not least, the legal counsel can deal with the lawsuits and limit the liability of cybersecurity executives. There are certain laws where cybersecurity executives, along with the chief information security officer, aka CISO, may bear personal liability for security incidents.
As a business owner, it’s your responsibility to protect digital information, and you should add a breach lawyer to the cybersecurity team to avoid such incidents. So, a cybersecurity lawyer not only helps the organization to assist with insurance coverage and deal with lawsuits but also can limit the personal liability of cybersecurity executives.
Hopefully, the above article has helped you to understand how a cybersecurity lawyer is helpful for protecting the digital information of an organization. No matter how small or big your organization is, you should do proper due diligence to protect your data. If you don’t want to hire a lawyer in your cybersecurity team, at least keep one on retainer. Lastly, please share your opinion on this post in the comments section.