Definition: "A data breach is a security incident in which sensitive, protected or confidential data is copied, transmitted, viewed, stolen or used by an individual unauthorized to do so.". Data breaches may involve financial information such as credit card or bank details, personal health information (PHI), Personally identifiable information (PII), trade secrets of corporations or intellectual property.What is cyber data breach?
An intentional data breach occurs when a cyberattacker hacks into an individual’s or company’s system for the purpose of accessing proprietary and personal information. Cyber hackers use a variety of ways to get into a system.What are security breach notification laws?
Security breach notification laws or data breach notification laws are laws that require an entity that has been subject to a data breach to notify their customers and other parties about the breach and take other steps to remediate injuries caused by the breach. Such laws have been enacted in all 50 U.S. states since 2002.What is a major breach?
The two major types of breach of contract are material and non-material breach. A material breach of contract is a major breach which seriously impairs the contract as a whole and which defeats the purpose of the agreement.