Sponsored briefing: As data breach becomes a battleground for class action litigation, companies need to take a risk-based approach to cyber security

The pandemic and GDPR regimes have heightened the litigation risk presented by data breaches and other cyber security issues in recent years.

Cyber attacks have grown in number and sophistication as businesses relied more than ever on technology to deliver their products and as remote working became the norm. According to a UK government report¹, two in five businesses in Britain suffered cyber security attacks in the 12 months to March 2021, with an attached cost of £13,400 on average per data breach for medium and large companies.