Data Breach, explained
Data breaches can result from cyberattacks, such as ransomware or stolen passwords, but also from mistakes, such as a misconfigured cloud storage bucket, an email sent to the wrong person, or a lost laptop without encryption. Exposed data may include customer names, contact details, payment information, health records, or business secrets.
Many laws require organizations to notify regulators and affected people within set time frames. Under the GDPR, for example, a reportable personal data breach must generally be reported to the supervisory authority within 72 hours of becoming aware of it. A breach at a small online retailer might expose customer addresses and order histories, leading to phishing attempts against those customers. Preparation includes encryption, access controls, backups, an incident response plan, and knowing which notification rules apply.