BakerHostetler has released its 2017 Data Security Incident Response Report highlighting the need for business leaders to understand and be prepared for the risks associated with cyberthreats. Analyzing more than 450 cyber incidents that the firm's privacy and data protection team handled last year, the report found phishing, hacking or malware cause the majority of incidents at 43 percent — a 12 percent jump from last year. Human error came in second at 32 percent. The report also offers information on typical ransomware attack scenarios, the average incident response timeline for events, the value of a good forensics investigation, and the frequency with which events caused an investigation by regulators and lawsuits.
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