What is a data breach?

What is a data breach?

2 Dec 2019

See informative video here: https://faruqilaw.com/uploads/blog/1575413984-what-is-a-data-breach.mp4

My name is Tim Peter and I'm an attorney at Faruqi & Faruqi. 

A data breach is the leak or theft of information from a company or governmental agency's digital records. This often occurs because of the company or the government's inadequate data security, and can lead to very serious issues such as identity theft, fraudulent charges, and loss of money and time. On average, 4,168 records are stolen every minute. In 2018, the 10 largest breaches resulted in the theft of approximately 3.6 billion records.

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Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.

Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.

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About Timothy J. Peter

Timothy J. Peter is a Partner in Faruqi & Faruqi, LLP’s Pennsylvania office and Chair of the firm’s Consumer Protection Litigation Practice Group.

Timothy J. Peter
Partner at Faruqi & Faruqi, LLP
Pennsylvania office
Tel:(215) 277-5770
Fax:(215) 277-5771
E-mail:tpeter@faruqilaw.com
Tags: class action, consumer protection, cyberattack, cybersecurity, Data Breach, hack, hacker, personal information

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