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Although data breach reporting dropped by 59% during the first half of 2018 in California, no business can afford to be complacent when it comes to cybersecurity. Everyone’s a potential target, and cybercrime continues to rise.

To protect your organization, you’ll need to identify the common causes of data breaches and how they can affect your operations.

California has long had some of the toughest data breach notification laws in the country and, in 2018, attorney general Xavier Becerra announced a new law to address certain limitations of the original SB 1368 bill that went into force in July 2003.

The new legislation expands on existing laws to add requirements for organizations to notify their customers if their passports, ID numbers, or biometric data are stolen.

As hacking hit the headlines in the last few years — most recently the global hack in May that targeted companies both large and small — insurance policies to protect businesses against damage and lawsuits have become a very lucrative business indeed.