Does your company collect and store personally identifiable information related to its consumers or employees? If the answer to this question is “yes”, then you need to be prepared to respond to a data security breach.

Data security breaches happen without any warning and affect companies of all sizes and across all industries. In the past few years, companies such as Adobe, Citibank, LinkedIn, LivingSocial and Twitter experienced highly publicized data security breaches. The results were costly — in terms of remediation expenses, lost business and damage to reputation.

Attached is a copy of an article addressing these issues, which appeared in the December 4, 2013 Newsletter of the Association of Corporate Counsel, New Jersey Chapter.