In this interview in Forbes, Kristofer Swanson discusses how a company’s incidence response plan needs to be updated and tested as it moves more corporate data to the cloud. He explains some of the challenges and issues a corporation needs to be prepared for when responding to ransomware and/or cybercrime incidents, such as whether it will pay a ransom. Mr. Swanson lists steps companies can take to reduce the costs associated with a data incident and some of the economic damages they may be able to recover from third parties.
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Biden administration directs creation of sweeping new program to protect Americans’ sensitive personal data
On February 28, 2024, President Biden signed an executive order (EO), EO 14117, “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States...