Allocating Risk and Preparing for a Data Breach

In the below article, CEO Law’s Shan Alavi discusses the high cost of data breaches and the heavy legal burden imposed on organizations that necessitates the use of a comprehensive legal strategy, which includes:

  1. using traditional legal risk allocation strategies like proper contract drafting, and cyber risk insurance to allocate legal risk between various parties to reduce liability,
  2. the implementation of an established cyber-security framework, and
  3. utilizing privacy-by-design concepts to create or alter existing organizational processes.

Article: Allocating Risk and Preparing for a Data Breach

Note: This is a pre-copy edited, post-peer reviewed version of the contribution accepted for publication in The Advocates’ Quarterly. Reproduced by permission of Thomson Reuters Canada Limited.

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